The bill's 529 savings accounts for homeschooling expenses, the bill's title and criteria involving endowments to private universities all came under scrutiny following the House's passage of the legislation by a 227-203 vote.
The legislation also reduces tax rate for most individuals, although the tax cuts for individuals are set to expire.
The bill would almost double the standard deduction used by most taxpayers, while those who itemize would lose some deductions.
The bill reduces the corporate tax rate to 21 percent from 35 percent, gives tax breaks to pass-through businesses and includes provisions meant to encourage domestic business investment.
White House press secretary Sarah Huckabee Sanders says the tax overhaul legislation facing votes today in Congress is a "huge deal for America". "Results are going to make this popular", he said.
The controversial tax reform bill, also known as the Tax Cuts and Jobs Act, hasn't sat well with more than half of Americans, who say it would help neither their family's financial situation nor the US economy, according to research by Gallup. That change is due for 2019. The plan also makes it harder for banks to deduct the costs of Federal Deposit Insurance Corp. premiums.
The compromise, conference bill came after the House and Senate passed their own similar but separate tax plans over the last few weeks, and it is created to win over shakey Republicans in the Senate. They also see the measure as key to retaining their majorities in the House and Senate in elections next November.
At the end of last week, to win the support of Sens. The $1,000 per child tax deduction would grow to $2,000, with up to $1,400 available in IRS refunds for families who owe little or no taxes.
Snow likely over higher terrain in Metro Vancouver on Tuesday
Snow and flurries are likely for parts of Vancouver Island this week as a low-pressure system sweeps across B.C.'s South Coast. Some Vancouver Island residents should brace for snow after Environment Canada issued a weather statement Monday morning.
New Drug Offers Hope For Treating Huntington's Disease
To deliver the drug to the brain, it has to be injected into the fluid around the spine once a month using a four-inch needle. The improvements increased with each larger dose, indicating its benefits in treating the disease.
Several protesters have briefly disrupted House debate on the tax bill, yelling, "kill the bill".
In June, the NBC/WSJ poll showed that Americans preferred Republicans over Democrats in handling the tax issue by 4 percentage points. But one no vote is all the Republicans can afford.
There are still a few hurdles for the bill, though they now appear to be easily surmountable.
Vice-President Mike Pence took the precaution of rescheduling a trip to Egypt and Israel for January so he would be on hand this week in case his tie-breaking voting power is needed to ensure Senate passage of the bill.
Despite many state residents' concerns over losing the full deductibility of local and state taxes and lower mortgage tax deduction limits, 12 Republican representatives from California voted in favor of passing the bill. Republican Senator Jeff Flake was still undecided on Tuesday.
But no Republican senators have so far declared opposition to the bill.
The House passed a sweeping $1.5 trillion tax bill on Tuesday that slashes tax rates for corporations, provides new breaks for private businesses, and reorganizes the individual tax code.
Kelly in the Situation Room where they had a "very frank discussion about the concerns I had, issues that I raised". Some published reports said Secret Service officers had physically removed Ms Manigault Newman from the complex.
Anderson's attorney said the woman had "attempted to pursue a relationship" with Anderson after the night in question. A sophomore at Oklahoma, Anderson led the Sooners with 960 rushing yards and 11 touchdowns during the regular season.
Seeing how 8K is not something that people are working on right now, 4K editing should be no problem for the new Apple iMac Pro . For PC users running Adobe software, there are plenty of workstation hardware options that can give Apple a run for its money.
As things heated, Swann allegedly put Yung in a headlock and shoved her back into his vehicle after she'd gotten out to walk away. As a result, Swann was charged with battery and false imprisonment of an adult as a result of not letting her exit the vehicle.
When the officer declined, Buress went into a venue and the officer followed him, feeling he was too intoxicated to remain. However, Miami Beach is hosting the Art Basel global art fair this weekend, which draws celebrities from around the world.
He was on Chelsea's books up until 2016 but was only granted 13 Premier League appearances over his two years at Stamford Bridge. The 2004/05 campaign was, on paper, the best in Premier League history.
Detroit defensive end Ezekiel Ansah , who has a sack in two of the last three games, is also questionable with an ankle ailment. Bears S Chris Prosinski has been been diagnosed with a concussion and will not return to Saturday's game versus the Lions.
Flights were suspended at Birmingham and Luton Airports with Sunday afternoon's BA flight from Heathrow to Gibraltar-cancelled. Three New York services were cancelled as well as two each to Dubai and Toronto, with many Asian flights also cancelled.
Trump nominated Gorsuch in January to fill the Supreme Court vacancy left by Justice Antonin Scalia , who died past year . Trump reportedly considered withdrawing Gorsuch's... "And you were so kind to recognize Mrs.
Davis is expected to be suspended for two games after his risky hit on Green Bay Packers wide receiver Devante Adams on Sunday. For what it's worth, Panthers defensive coordinator Steve Wilks doesn't think the hit on Adams warranted a suspension .
What is Layer3 TV and why is T-Mobile buying it?
T-Mobile did not reveal the transaction value, but said the deal does not change its previously disclosed financial guidance. T-Mobile isn't wrong in pointing all of that out, as the TV industry is indeed the worst.
Laid up with 'man flu'? It's real, researcher claims
One of the sketches that helped to make the term " man flu " widely used was a scene from Man Stroke Woman. Sue found studies involving mice show testosterone might dampen a man's immune response to the flu.
Internet Pioneers Say the FCC doesn't know What Internet is
The net neutrality rules have broad support from members of the public across the political spectrum, according to multiple polls. Furthermore, the FCC's online comment system has been plagued by major problems that the FCC has not had time to investigate.