Speed Reads

GOP tax bill

GOP leaders are confident their tax overhaul will pass this week

Republican leaders said Sunday that they expected the House and the Senate to pass their joint tax overhaul this week in time for President Trump to sign it before Christmas, as promised. Sen. John Cornyn (R-Texas), the GOP whip, said on ABC's This Week that he was "confident" the Senate would pass the bill, as early as Tuesday. He said the legislation would "get the economy roaring back again" and give "everybody in every tax bracket a tax cut. So this is good news any way you cut it."

The vote promises to be tight, however. Republicans have a narrow 52-48 majority in the Senate, and Sen. John McCain plans to return to Arizona for the holidays after being hospitalized last week for what his office described as "normal side effects of his ongoing cancer therapy," meaning he will likely miss the vote.