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Senate passes historic tax reform bill

Posted at 1:19 PM, Dec 02, 2017
and last updated 2017-12-02 19:48:56-05

KANSAS CITY, Mo. - The Senate passed the biggest overhaul of tax code early Saturday morning, moving one step closer to sending the bill to President Donald Trump’s desk for his signature. 

The bill passed 51-49 along party lines with just one Republican, Sen. Bob Corker of Tennessee, voting against it.

41 Action News spoke to local lawmakers to get their take.

"All Americans ought to be brutally made because what was done last night is to put a debt on their children and grandchildren," said Representative Emmanuel Cleaver, (D).

Though it's estimated the average family would pay about $1200 less in the first year of the tax plan  - some of the credits don't stay.

By 2027, everyone making less than $75,000 would see a spike.  However, the corporate rate cut would stay.

The Congressional Budget Office believes the deficit would go up by $1.4 trillion in ten years.

Missouri Democrat Senator Claire McCaskill tweeted, "I’m mad. And sad. We need to work together, compromise, and produce thoughtful results for frustrated families. Not a one-party-behind-closed-doors-no-time-to-debate-no-hearing-jam-it-through-in the-middle-of -the-night-mess."

On the other side, Republican Representative of Kansas Lynn Jenkins had the following thoughts:

"Pleased to see the Senate has acted on tax reform and passed their legislation. Now the House will soon vote to go to Conference & we will continue our work on re-writing our broken tax code. Lots of important discussions ahead, looking forward to the opportunity," tweeted Jenkins.

Rep. Emmanuel Cleaver said he was given the house version immediately before voting. He and other Democrats were not allowed to make amendments.

"I represent 800,000 people in Missouri. 800,000 had no opportunity to represent themselves through me," said Cleaver.

Republican Representative Kevin Yoder sees it as a step forward.

"We are very close to fulfilling our promise to give Americans a simpler, fairer tax code," said Yoder.

Next, a committee will work on reconciling the House and Senate bills so they are exactly the same.

Then the House and Senate will have to vote on that bill.  Republican Roy Blunt is hopeful this will go to the president's desk by the end of the year.