The spread between the benchmark 10-year Indian and US bonds has shrunk to a level last seen over two decades ago after the US Tax Bill
The vote comes after days of internal fighting amongst the Republicans and has now set the stage for a floor vote in the full House on Thursday (local time)
Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure
We're going to give the American people a huge tax cut for Christmas - hopefully that will be a great, big, beautiful Christmas present, Trump said after a cabinet meeting
'It is the biggest tax cut in history on mostly every single part of the plan'