House Republicans pass tax cut bill

Healthcare industry and patient advocacy groups are bracing for the impact of a sweeping tax cut bill passed by House Republicans Tuesday on a 227-203 vote.But the House may have to take another vote, likely on Wednesday, on the bill after the Senate parliamentarian determined that three provisions violated Senate budget reconciliation rules. One provision relates to the bill’s excise tax on endowments of private universities and academic medical centers…

 

Read the full article provided by Harris Meyer here.