Congress prepares for first vote on tax cut plan

 

(From Reuters)

Republicans in the House of Representatives were expected to take up their bill to cut federal tax rates on corporations, small businesses and individuals after an 11:30 a.m. (1630 GMT) meeting with President Donald Trump, who wants to sign a tax package into law before year end.

U.S. House Speaker Paul Ryan told Fox News early on Thursday he was confident his chamber had the votes to pass their version of the plan. A vote was expected early on Thursday afternoon.

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