The Impact of Senate's Nearly 500-Page Tax Bill
On Saturday morning, Senate Republicans passed a nearly 500-page tax bill that will have dramatic impacts not only the U.S. tax code, but also healthcare, domestic spending and even oil and gas drilling. The plan would cut taxes by nearly $1.5 trillion. Major corporations and the richest Americans, including President Trump and his own family, would reap the most dramatic benefits. Overall, the bill is expected to add $1.4 trillion to federal budget deficits over the next decade. The bill passed the Senate 51 to 49, with every Democrat voting against the bill and all Republicans voting for it except for Senator Bob Corker of Tennessee. We speak with Minnesota Democratic Congressmember Keith Ellison. He’s the first Muslim member of Congress. Ellison is also the deputy chair of the Democratic National Committee.