At its core, the bill permanently extends the tax cuts introduced in the 2017 Tax Cuts and Jobs Act while introducing a raft of new breaks. Some, such as an expanded child tax credit and an above-the-line deduction for charitable contributions, are permanent changes to the tax code.

By Bo Erickson, Richard Cowan, David Morgan and Andy Sullivan WASHINGTON (Reuters) -President Donald Trump's tax-cut legislation cleared its final hurdle in the U.S. Congress on Thursday, as the Repub