The Senate Finance Committee Thursday approved its version of tax reform legislation, which retains the credit union tax exemption.

The bill now goes to the Senate floor, where it faces an uncertain future because it remains unclear if Senate Republicans have the votes to pass the measure.

The committee vote was 14 to 12, along party lines. Sen. Ron Johnson (R-Wis.), a conservative already has said he opposes the bill, leaving Republicans a limited margin of error. Several other senators are said to have reservations about the bill.

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