US House of Senate and House of Representatives pass Tax Bill

Washington Dec 20: A major reform tax reform would soon be implemented in the USA . Both the House of Senate and Representatives had passed the GOP tax bill.

The United States House of Representatives on Tuesday and passed the bill after some Amendments were incorporated in the bills. The Bill was passed by a 227-203 vote.The bill is the longest tax reform in past 30 years.

House Speaker Paul Ryan has said that "Today, we are giving the people their money back, The bottom line is the typical family making the median income in America will get a $2,059 tax cut next year alone and what this is a real relief for families who are living out there to paycheck."

Later the United States Senate on Wednesday has approved the Bill with minor changes. The Bill was passed by a 51-48 vote with Democrats opposing the move.

USA President Trump has said that "The United States Senate just passed the biggest in history Tax Cut and Reform Bill. Terrible Individual Mandate (ObamaCare)Repealed. Goes to the House tomorrow morning for a final vote. If approved, there will be a News Conference at The White House at approximately 1:00 P.M".

Earlier he cited the bill passage as 'Christmas gift 'for Americans.