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The bill would increase a tax credit for caregivers from $2,000 to $2,100 per child in 2024 and 2025. It has backing from Republicans and Democrats even as Congress is deadlocked over other fiscal ...
The House passed on Wednesday a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits. The bill now moves to the ...
WASHINGTON — The House Ways and Means Committee voted 40-3 on Friday to approve a bipartisan tax package that includes an expansion of the child tax credit and a series of breaks for businesses ...
The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.
The bipartisan vote also came after days of behind-the-scenes wrangling among members of Johnson’s Republican caucus over whether to amend the deal to address issues like the state and local tax ...
WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday overwhelmingly approved a $78 billion bipartisan package of tax breaks for businesses and low-income families that was put on a ...
The House passed a massive bipartisan tax deal that includes an expansion for the child tax credit and the renewal of some business tax breaks.
A bipartisan group of lawmakers released a roughly $78 billion tax package Tuesday that would enhance the child tax credit and restore several business tax breaks, as well as boost funding for ...