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Transcripts For KGO ABC7 News 1100PM 20171220

The only people whose taxes are going up are the really rich. Every taxpayer their taxes are going down except rich people in manhattan and San Francisco. A sweeping tax overhaul approved after a latenight debate and historic vote in washington. Now its just two steps away from drastically changing tax laws for all americans. Good evening. Im dan ashley. And im dion lim in for ama daetz. The senate tonight passed the gop tax plan 5148. It now heads to ry revote in the house tomorrow. Abc News Reporter Kenneth Mouton has the latest from capitol hill. The tax cuts and jobs act is passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money ba

Transcripts For KGO ABC7 News 1100PM 20171220

The only people whose taxes are going up are the really rich. Every taxpayer their taxes are going down except rich people in manhattan and San Francisco. A sweeping tax overhaul approved after a latenight debate and historic vote in washington. Now its just two steps away from drastically changing tax laws for all americans. Good evening. Im dan ashley. And im dion lim in for ama daetz. The senate tonight passed the gop tax plan 5148. It now heads to ry revote in the house tomorrow. Abc News Reporter Kenneth Mouton has the latest from capitol hill. The tax cuts and jobs act is passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money ba

Transcripts For KOFY ABC7 News On KOFY 1130PM 20171220

Passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money back. Reporter the bill met with applause and protest. President trump close to his first major legislative win. The white house insists the billionaire president wont benefit personally from the tax plan. The president will likely take a big hit. But on the business side he could benefit. But primarily and priority number one is middleclass americans. Reporter the plan permanently slashes the corporate rate from 35 to 21 . A new study Shows Americans making 75,000 or less will see their taxes go up within a decade. Wealthy americans will continue to see a tax cut. This is the wor

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