The U.S. Senate approved a wide-ranging tax overhaul after an overnight vote, advancing one of the chamber’s most significant fiscal measures this year. Lawmakers remained in session into the early hours before the bill cleared the chamber.

The legislation now moves to the House, where final approval is expected within days if the measure maintains its current form. Supporters say the package is aimed at reshaping tax rules across multiple sectors, while critics are expected to scrutinize its impact on households, businesses, and federal revenue.

The late-night passage reflects the urgency surrounding the bill and the political pressure on both chambers to act quickly. Debate over the measure is likely to intensify as it heads toward the next stage in the legislative process.

If the House agrees, the bill will move one step closer to becoming law, setting up a major policy shift with broad economic consequences.