Senate passes the biggest tax code overhaul in a generation, Trump expects to close it out Wednesday
- The Senate passed Republicans' tax bill, the Tax Cuts and Jobs Act, just after midnight on Wednesday.
- The vote puts the bill on the edge of success, with only a technical vote in the House needed before it can be sent to President Donald Trump's desk.
- The bill is set to make sweeping changes to the tax code for both businesses and households.
Senate Republicans passed their sweeping tax bill just after midnight on Wednesday, putting the GOP and President Donald Trump a hair's breadth away from a signature legislative victory that has been missing from their first year in control of the federal government.