TAX BILL UPDATE: Tues 12-19-17

The House is scheduled to vote on the revised tax bill around 1:30 p.m. Eastern Time today/ Tuesday 12/19/17.

. The Senate will tackle the legislation after, and baring procedural delays, could pass it either late this evening or tomorrow morning.

The final overhaul plan, which President Donald Trump will sign into law after it gets the green light from Congress, falls short on election promises while still delivering broad tax cuts. [BLOOMBERG]