Congress on Track to Pass GOP Tax Bill

This week, House and Senate Republicans came to a deal on a massive, far-reaching tax bill that Congress could vote on as early as next week. If the bill passes, and the President signs it before Christmas, the new tax code will go into effect in this January. 

Though some of the details of the bill have yet to be confirmed, what is clear is that there is a lot at stake for corporations and individual taxpayers. 

This week on Money Talking, Charlie Herman talks with Rick Newman, a columnist for Yahoo Finance, about what’s in the extensive bill and what it could mean for taxpayers around the country.