House Passes GOP Tax Plan

House Republicans on Thursday pushed through tax reform legislation widely opposed by higher education leaders who say many of its provisions will make a college degree less attainable and hurt the financial strength of institutions.

The bill passed by a 227 to 205 vote with 13 Republicans voting against the plan; it did not receive support from any Democrats.

The House plan, which was introduced just two weeks agoand did not receive a single hearing, dramatically lowers corporate tax rates and shrinks the number of income tax brackets. It has come in for criticism from higher ed both for the offsetting revenue it seeks from institutions and the elimination of benefits for students.

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