US tax bill: Senate narrowly approved tax overhaul

The US Senate narrowly approved the biggest tax overhaul since the 1980s. The bill slashes taxes for corporations, but Democrats complained it only benefits the wealthy and big business.

Economists have been skeptical that the cuts will generate enough growth to make up for the loss in government revenue, as the Republicans have promised.

President Trump said he looked forward to signing a final bill before Christmas.

Al Jazeera's Tom Ackerman reports from Washington.

- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: http://www.aljazeera.com/


(Source: YouTube)
Recommended posts powered by Google