BY ANNA SHORTRIDGE ’19
In the early morning hours of Saturday, Dec. 2, the U.S. Senate voted in favor of the Republican tax bill, “Tax Cuts and Job Act” 51-49. The bill focuses on cutting taxes for businesses, including lowering the tax rate for big businesses from 35 percent to 20 percent. Also, according to the Washington Post, the bill will make large changes to health care that may lead 13 million Americans to drop insurance, open up more land for drilling in Alaska and alter the treatment of state and local taxes, affecting local government budgets. The House of Representatives passed their version of the tax bill on Nov. 16.