News Update 2024
House eyes vote this week on child tax credit bill, which faces some speed bumps An unusual alliance of Republicans and some Democrats opposes the bill in the House. And if it passes, the tax package's future is uncertain in the Senate. WASHINGTON — The Republican-led House is targeting a vote as early as this week on a bipartisan bill to expand the child tax credit and provide a series of tax breaks for businesses, three sources said. The $78 billion package, which cleared the Ways and Means Committee on a 40-3 vote, could come up on Wednesday, said one of the sources, who added that the timing is not locked in. GOP leadership notified members that it "may be considered" this week. The legislation presents a rare opportunity for a historically unproductive Congress to deliver a win for constituents. But it faces some obstacles in the House, where it will likely be fast-tracked and require a two-thirds vote to pass, and uncertainty in the Senate. “There is strong interest
