Tax Bill Heads to Senate, Where Stakes Are High for Pass or Die

Tax world’s gaze moves to the Senate after a bipartisan majority of House lawmakers advanced a tax bill pairing business breaks with the child tax credit Wednesday night.

The House passed the bill under an expedited process, sending the package forged by Senate Finance Committee Chair Ron Wyden (D-Ore.) and House Ways and Means Committee Chair Jason Smith (R-Mo.) across the Capitol.

House passage represents a milestone, showing how Republicans were able to fend off threats to the bill by a diverse group of forces in the raucous chamber.

Wyden told reporters a strong House vote would change the dynamic ...