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Vice President Mike Pence walks through the Capitol to the House Chamber to watch the passage of the Republican tax bill. Photo: J. Scott Applewhite / AP

For history ... 12:47 a.m.: "WASHINGTON (AP) — Senate passes 1st major rewrite of US tax code in 31 years, setting stage for final House vote on Wednesday."

Being there, per AP: "[T]he Senate narrowly passed the legislation on a party-line 51-48 vote. Protesters interrupted with chants of 'kill the bill, don't kill us' and Vice President Mike Pence repeatedly called for order. Upon passage, Republicans cheered, with Treasury Secretary Steve Mnuchin among them."

  • Just before 2:30 p.m., the House had passed the bill 227-203. But three provisions "violated Senate rules, forcing the Senate to vote to strip them out. So the massive bill was hauled back across the Capitol for the House to vote again [today], and Republicans have a chance to celebrate again."
  • Senate: "Voting yes were 0 Democrats and 51 Republicans. Voting no were 46 Democrats, 0 Republicans and 2 independents."
  • House: "Voting yes were 0 Democrats and 227 Republicans. Voting no were 191 Democrats and 12 Republicans. ... There are 3 vacancies."
  • House Majority Whip Steve Scalise says House Appropriations Chair Rodney Frelinghuysen (R-N.J.) should retain his position even though he voted against the GOP tax overhaul.

What happens next: "80 percent of the country will pay lower taxes next year. But the short-term gains come with a cost: The legislation also makes the country's debt problem even worse," the WashPost's Heather Long writes:

  • Why it happened: "The GOP decided to cut taxes without offsetting spending cuts, driving up the deficit."
  • Why it matters: That likely will force "policymakers in coming years to make difficult decisions about spending cuts, tax increases or both."
  • "The debate could touch on some of the most value-laden questions facing the nation — what type of financial security to provide the elderly, what safety net services should be offered to the poor, and how much the government should try to shrink economic inequality."

How it's playing ... N.Y. Times 2-column lead, "URGENCY IN G.O.P. PUSHING TAX BILL TO THE FINISH LINE: Victory for Trump, Donors and Party — Skepticism in Polls and Analyses" ... WashPost 2-column lead, "Despite hitch, tax overhaul is all but done."

Go deeper

20 mins ago - Health

Pfizer testing oral pill for prevention of COVID

Photo: Soumyabrata Roy/NurPhoto via Getty Images

Pfizer announced Monday that it is testing an oral antiviral drug that would help prevent COVID-19.

Why it matters: This drug is one of several antiviral pills that could have a massive impact on coronavirus treatment since not everyone will get a vaccine, and it may take years to fully vaccinate people in certain countries, per Axios' Alison Snyder.

Scoop: Dems' sneaky sabotage

Virginia gubernatorial candidate Glenn Youngkin. Photo: Win McNamee/Getty Images

A group tied to prominent Democratic strategists is posing as a conservative outfit to try to drive a wedge between the Republican candidate for Virginia governor and his core voters, Axios has learned.

Why it matters: The state's gubernatorial race is expected to be tight and could be a national bellwether. As Republican candidate Glenn Youngkin's campaign hypes improving poll numbers, Democrats are trying to chip away at his support in GOP strongholds.

House coalescing around infrastructure deal

Rep. Peter DeFazio (D-Ore.) is seen leaving a meeting of the House Democratic caucus on Monday. Photo: Bill Clark/CQ-Roll Call via Getty Images

House Democrats started Monday to coalesce around a deal to pass President Biden's signature Build Back Better infrastructure package, with progressive opposition weakening and House Speaker Nancy Pelosi (D-Calif.) seeming to de-link the biggest components of it.

What they're saying: “We can’t be ready to say, 'Until the Senate passes the [$3.5 trillion reconciliation] bill, we can’t do BIF,'" the speaker told House Democrats, using shorthand for the Bipartisan Infrastructure Framework. She indicated the House would vote on the $1.2 trillion bipartisan bill — focused on roads and bridges — on Thursday.

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