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Tax reform bill clears Senate committee on party-line vote

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Tax reform bill clears Senate committee on party-line vote

The Senate Budget Committee voted to bring the Tax Cuts and Jobs Act to the Senate floor on a 12-11, party-line vote.

The committee vote was required to send the bill to the full Senate due to procedural rules governing measure proposed under reconciliation rules, which only require a simple majority for passage. The Senate will allow 20 hours of non-consecutive floor debate on the bill, followed by a series of votes on different amendments proposed by senators.

The vote comes after a handful of Republican senators — including Budget Committee Members Bob Corker and Ron Johnson expressed reservations and withheld initial support for the bill when it passed out of the Senate Finance Committee before Thanksgiving.

If the Senate approves the bill it must be reconciled with the House version before it can be sent to President Donald Trump's desk. GOP leaders have vowed to accomplish that goal by the end of the year.