Here’s a pretty good run down of what’s in the bill and some of the implications. Overall, this is a good bill. It goes a long way toward simplifying the tax code and putting more money back in the hands of taxpayers. It did leave a few things undone for, apparently, purely political reasons. That’s unfortunate, but probably politically necessary.
Now they need to pass this as soon as possible. The longer it lingers, the more likely the Democrats will pressure squishy Republicans to shy away from it.