Update: The tax cut bill has hit a procedural snag that will require changes to the legislation. As a result, the House will have to vote to approve the bill again.

The Senate parliamentarian ruled on Tuesday after that three provisions included in the bill passed by the House did not comply with Senate budget rules. Republican lawmakers will strip the provisions from the bill prior to the Senate’s vote Tuesday night. The House would then have to take up the measure once again.

The relevant provisions are minor. One allows tax-advantaged education savings accounts to be used homeschooling expenses. Another touches on an exemption from a new excise tax on college endowments.

The changes are not expected to put the tax overhaul in peril. The House could vote again later tonight but will most likely wait until Wednesday morning, a Republican staff member said.

Read more

Eliminate unwanted invaders from your body with Living Defense Plus now at 60% off!

Related Articles