GOP tax cuts set for final House vote next week

House Republicans voted Thursday to advance their tax reform bill out of the Ways and Means Committee, setting up a vote on the House floor next week on the first major rewrite of the tax code in more than 30 years.

“Americans deserve a new tax code for a new era of property, and today we deliver,” said Ways and Means Committee chairman Kevin Brady on the conclusion of the four-day markup of the Tax Cuts and Jobs Act. The committee approved the bill in a party-line 24-16 vote.