Tax bill: Trump victory as Senate backs tax overhaul

US senators have passed a sweeping tax cuts bill, paving the way for Donald Trump's first big legislative victory.

Tax bill: Trump victory as Senate backs tax overhaul

The package would mark the biggest tax overhaul since the 1980s. It was passed by 51 votes to 49, after a series of amendments in a marathon session.

Democrats complained it only benefited the wealthy and big business.

The plan sees a sharp cut in corporation tax, but a Senate committee finding has warned it would add $1tn (£742bn) to the budget deficit.

Source: bbc.com

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