Speaker Paul Ryan and the House GOP passed a bill earlier today that extends nearly $600 billion in tax breaks. The vote passed easily with 318 to 109 voting against. It now heads to the Senate where it is expected to pass.
The sweeping year-end legislation is aimed at nailing down the budget through next September. Texas Republican Kevin Brady says the measure makes sure that Americans do not face any federal tax hikes over the next year.
Not everyone is happy with the deal. Democrats and critics say the budget deal will lead to an increase in the Federal deficit and is a massive giveaway to special interests and big corporations.
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