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Tax-cut debate in U.S. Congress swings to Senate bill

A Senate tax-cut bill, differing from one in the House of Representatives, was expected to be unveiled on Thursday, complicating a Republican push to overhaul the federal tax code. As the House tax committee moved ahead on its bill, senators were weighing new approaches to corporate taxes, deductions for state …

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Tax bill starts race to give Trump first major victory

U.S. House of Representatives Republicans unveiled long-delayed legislation on Thursday to deliver deep tax cuts that President Donald Trump has promised, setting off a frantic race in Congress to give him his first major legislative victory. The 429-page bill, representing what would be the largest overhaul of the U.S. tax …

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