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House passes tax cuts

House Speaker Paul Ryan speaks during a news conference on Capitol Hill in Washington. Photo: Susan Walsh / AP

The House passed the GOP tax bill Tuesday, clearing the way for the package to be signed into law before Christmas.

What's next: The bill is now headed to the Senate. If it passes there, it will then be sent to President Trump's desk for his signature.

Update: The House will have to vote on the bill again tomorrow because some small provisions were found to violate Senate rules. Final passage isn't imperiled.

Go deeper: How the tax code is about to change.