It's a big step for Republicans' tax overhaul plans: the House voted 227 to 205 to pass its version of the bill. While a new analysis suggests that the plans would increase taxes for middle and lower-income Americans, Republicans deny…

By PBS NewsHour

The U.S. Senate voted to extend $70 billion dollars in tax cuts, first enacted in 2003, for five years. While Republicans credit these tax cuts with a surging economy, Democrats believe a majority of Americans are being left out.