Fortune

A MARKET SOBRIETY CHECK

Senate Majority Leader Mitch McConnell after rounding up the votes to pass the tax-reform bill.

AS THIS ISSUE WAS GOING TO PRESS, the U.S. Senate passed a tax-cut bill that, should it become law, will almost certainly energize the animal spirits of American corporations. Republicans in the Senate and the House still have a bit of cloakroom legerdemain

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