Senate Majority Leader Mitch McConnell (R-Ky.) is joined by other Senate Republicans at a Capitol Hill news conference after passage of the Republican tax plan early Wednesday, Dec. 20, 2017.  (Tom Brenner/ The New York Times)

Washington  (Fox News) The House gave the final stamp of approval Wednesday to a sweeping tax reform package, handing President Trump his first major legislative victory and most Americans a tax cut starting next year.

With a 224-201 House vote, Congress sent the $1.5 trillion package to Trump’s desk. The biggest rewrite of the federal tax code since the Reagan administration will usher in steep rate cuts for American companies, double the deduction millions of families claim on their annual returns and make a host of other changes taking effect in a matter of weeks.