Federal Relations

November 16, 2017

House Passes Tax Bill; Senate Action Awaits

Earlier this afternoon, the House passed H.R. 1, the Tax Cuts and Jobs Act, by a vote of 227 to 205. A total of 13 Republicans joined every Democrat in opposing the bill.

Even as the House was considering its bill on the floor, the Senate Finance Committee has been debating its version of the measure since Monday.  Late on Tuesday, the committee leadership decided to add a provision that would repeal the individual insurance mandate currently in law as part of the Affordable Care Act.  Sen. Ron Johnson (R-WI) announced his opposition to the bill yesterday, making the Republican leadership’s current vote margin on the bill even smaller.

The goal of the proponents of this effort is to get a bill signed into law by the holidays.