On Thursday, the House of representatives voted to approve the bill on tax reform in the United States, bringing President trump another step toward fulfilling one of his campaign promises. «For» bill voted by 227 congressmen, against – 205. Not a single Democrat voted for the new tax plan, 13 Republicans also opposed it.
«This bill is one of the biggest things we can do for economic development, restoration opportunities and aid to families with medium income,» — said before the vote, the speaker of the house Paul Ryan.
Now the bill must be approved by the Senate, where the outcome of the vote difficult to predict, given the fact that not all Republicans support reform, and the party has a total of 52 out of 100.
We will remind that the new tax plan includes significant tax cuts for business and individuals. However, experts argue that its adoption could cause an increase in the budget deficit to $ 1.4 trillion in the next 10 years. Republicans also are optimistic. They believe that the active development of business after the reform will make it easy to return the money and fill the coffers.
Republicans hope the law will be finally approved by the Senate and will be on the table of the President of trump for Christmas already.
