US Senate passes tax cuts for America's richest in late-night vote

The US Senate has approved a major tax overhaul, bringing the Trump administration one step closer to its aim of slashing taxes for businesses and the wealthy, while delivering mixed changes for the rest of the country. In what would be the largest US tax overhaul since the 1980s, Republicans want to add $1.4 trillion over 10 years to the $20 trillion national debt to finance changes that they say would further boost an already growing economy. Following the 51-49 vote, talks will begin, likely next week, between the Senate and the House of Representatives, which has already approved its own tax bill.