Construction and engineering groups are sifting through the sweeping tax-code rewrite that the Senate approved on Dec. 2, but some see it as better than the House-passed version, particularly in its treatment of partnerships, sole proprietorships and other “pass-through” entities. The American Institute of Architects, however, is strongly criticizing both chambers' bills.

The Senate’s passage of an estimated $1.4-trillion-plus package of tax cuts early in the morning of Dec. 2 by 51-49, almost completely on party lines, marked a major step forward for the legislation, the top legislative priority for congressional Republicans and the Trump administration. {Bill text, posted by the New York Times.]