House of Representatives almost passes massive tax reform legislation

House Majority Leader Rep. Kevin McCarthy, R-CA (2nd R) arrives at a House Republican Conference meeting at the Capitol. Alex Wong, Getty Images

Senate Minority Leader Charles Schumer, D-N.Y., right, speaks to the press after their Weekly Policy Luncheon on Tuesday, in Washington, DC as Sen. Bernie Sanders, I-V.T., looks on. The tax reform bill was up for a vote this afternoon in the House of Representatives. Tasos Katopodis, Getty Images

Senator Patty Murray, D-W.A., and Sen. Bernie Sanders, I-V.T., wait to speak to the press after their Weekly Policy Luncheon, Tuesday. Tasos Katopodis, Getty Images

House Ways and Means Committee Chairman Kevin Brady, R-Texas, steward of the GOP tax bill, smiles he as he arrives for a closed-door meeting as the Republican majority in Congress prepares to vote on the biggest reshaping of the U.S. tax code in three decades, on Capitol Hill, in Washington, Tuesday. J. Scott Applewhite, AP

Sen. Bill Cassidy, R-La., right, arrives as Congress prepares to vote on the biggest reshaping of the U.S. tax code in three decades, on Capitol Hill, Tuesday. Andrew Harnik, AP

People walk by the New York Stock Exchange (NYSE) on Tuesday, in New York City. Spencer Platt, Getty Images

Traders work on the floor of the New York Stock Exchange (NYSE), Tuesday. The Dow Jones industrial average rose in morning trading as lawmakers in Washington prepare to vote on the tax bill that would slash rates for corporations. Spencer Platt, Getty Images

Senate Majority Leader Mitch McConnell, R-K.Y., speaks to the press after the Weekly Policy Luncheon. Tasos Katopodis, Getty Images

Vice President Mike Pence greets people as he walks through Statuary Hall, Tuesday, on his way to the House of Representatives for the vote on the Tax Cuts and Jobs Act. The House passed the tax cut legislation 227-203 and the bill now goes to the Senate where a vote scheduled for later in the day. Chip Somodevilla, Getty Images

Laura Hatcher talks about her son, Simon, who lives with cerebral palsy and epilepsy, during a rally against the GOP tax bill in the Rayburn Room at the Capitol on Tuesday. Chip Somodevilla, Getty Images

House Minority Leader Nancy Pelosi, D-Calif., is joined by fellow House Democrats and people with complex medical needs and disabilities during a rally against the GOP tax bill. Chip Somodevilla, Getty Images

House Ways and Means Committee Chairman Kevin Brady, R-Texas, is joined by Speaker of the House Paul Ryan, R-W.I., Rep. Cathy McMorris Rodgers, R-W.A., Majority Whip Steve Scalise, R-L.A., and Majority Leader Kevin McCarthy, R- Calif., as they talk to reporters following passage of the Tax Cuts and Jobs Act in the Will Rogers Corridor at the Capitol Dec. 19, 2017, in Washington, DC. The House passed the tax cut legislation 227-203. Chip Somodevilla, Getty Images

Speaker of the House Paul Ryan, center, R-W.I., pats House Ways and Means Committee Chairman Rep. Kevin Brady, left, R-Texas, on the back after the House passed tax reform legislation, Tuesday. Cathy McMorris Rodgers, R-Wash., right, looks on. Celebration will have to wait, however. The bill hit a late-afternoon glitch in the Senate when the parliamentarian ruled that three minor provisions in the GOP bill did not comply with strict budget rules and would have to be stripped out. Brendan Smialowski, AFP/Getty Images