Article snippet: The Senate passed legislation to overhaul the tax code early Saturday morning, handing Republicans a badly needed legislative and political victory. Senators voted 51-49 to pass the plan, capping off days of debate and hand-wringing as leadership worked frantically behind the scenes to win over holdouts and get the proposal in line with the chamber’s rules. Republican Sen. MORE (R-Ky.) said during a 2 a.m. press conference after the vote. "We have an opportunity now to make America more competitive, to keep jobs from being shipped offshore and to provide substantial relief for the middle class." Corker, who is retiring after 2018, said in a statement ahead of the vote that he "wanted to get to yes" on the tax plan. "But at the end of the day, I am not able to cast aside my fiscal concerns and vote for legislation that I believe, based on the information I currently have, could deepen the debt burden on future generations,” he said. The bill would lower tax rates for individuals through 2025 and permanently cut the corporate tax rate from 35 percent to 20 percent. The bill’s tax cuts for individuals are temporary in order to comply with budget rules that the measure can’t add to the deficit after 10 years. The bill would also repeal ObamaCare’s individual mandate, a priority for President Trump and many Republicans, and open up a section of the Arctic National Wildlife Refuge for drilling. Republican senators will now move to reconcile their legislation with the H... Link to the full article to read more