House Easily Passes Bipartisan Tax Bill. Will Senate GOP Derail It?

The House on Tuesday night easily passed a $78 billion bipartisan bill to increase the Child Tax Credit and restore some business tax breaks through 2025. The Tax Relief for American Families and Workers Act of 2024 would also expand the low-income housing tax credit and provide some disaster relief. It sailed through in a 357-to-70 vote that far exceeded the two-thirds majority required for passage, though 47 Republicans and 23 Democrats voted against the legislation. “Most prognosticators woul

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