The Senate passed the Tax Cuts and Jobs Act in a 51-48 vote. It now moves to the House for a revote, the Wall Street Journal reported.
After the House passed the bill Tuesday, it was reported that there were provisions in the bill violating procedural rules. The Senate removed those provisions to satisfy Senate parliamentarian rules.
"The Republicans are using a process called reconciliation to skirt the Senate's typical 60-vote requirement to pass most legislation," the article states. "The House voted earlier Tuesday before the Senate, but now has to vote again."
President Trump said there would be a news conference in the early afternoon Wednesday if the House passes the bill.
"When senators vote for the Tax Cuts and Jobs Act, they will be voting for a bill that substantially cuts taxes for middle-class families," said Senate Majority Leader Mitch McConnell (R., Ky.). "By reducing rates, it will let working Americans keep more of their paycheck and send less of their hard-earned money to Washington."
"In addition to lower rates, middle-class families will benefit from a standard deduction that is almost double its present level, and a doubling of the Child Tax Credit," he said. "They will benefit from the ability to deduct more of their medical expenses, increasing their tax savings during difficult times."