Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of gambling winnings. Democratic Sen. Catherine Cortez Masto of Nevada on

Nevada Democrat Catherine Cortez Masto sought to pass legislation that would restore full deductibility of wagering losses.

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A provision tucked into the new tax law advanced by the Republicans lowers that amount to 90%,