House GOP leaders are moving forward with a $78 billion bipartisan tax package even as some Republicans express reservations over the deal, which includes an expansion of the popular child tax credit — a top Democratic priority.
House GOP leaders continue to push a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits. But many hurdles remain, and whether it ultimately passes both chambers is in doubt.
By Tami Luhby, CNN House GOP leaders continue to push a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits. But many hurdles remain, and whether it ultimately passes both chambers is in doubt.
The House is expected to give broad bipartisan approval Wednesday to a $78 billion bill that would expand the child tax credit and restore a set of corporate tax breaks, a rare feat in an election year by a Congress that has labored to legislate.
The bill would expand eligibility for the child tax credit among the lowest-income families and adjust payments for inflation for the 2024 and 2025 filing years.
WASHINGTON — The House looked to accomplish something unusual Wednesday in passing with broad, bipartisan support a roughly $79 billion tax cut package that would enhance the child tax credit and boos
The House is expected to vote Wednesday evening to pass a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits.
The House looked to accomplish something unusual Wednesday in passing with broad, bipartisan support a roughly $79 billion tax cut package that would enhance...
The package would enhance the child tax credit for millions of lower-income families and boost three tax breaks for businesses, a combination that gives lawmakers on both sides of the political aisle coveted policy wins.
The House accomplished something unusual Wednesday in passing with broad, bipartisan support a roughly $79 billion tax cut package that would enhance the child...
The House has passed a roughly $79 billion tax cut package expanding the child tax credit for millions of families and restoring three key tax breaks for businesses
The bill includes $33 billion to expand the widely used child tax credit for three years — including the tax season currently underway, provided the bill quickly passes the Senate.
(CNN) — The House voted on Wednesday evening to pass a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number
