House Republicans have proposed temporarily increasing the child tax credit from $2,000 to $2,500, a boost that comes amid pressure from populists in the party.
The planned boost to the credit was detailed in a preliminary document describing a broader tax bill released Friday night by the Ways and Means Committee, which is the tax-writing committee in the House. The proposal spells out many of the tax provisions that Republicans hope to include in reconciliation, a legislative process that allows bills to bypass the filibuster and pass with only a simple majority in the Senate.
The bill, which would enact much of President Donald Trump’s domestic policy agenda, makes many of the 2017 Trump tax cuts permanent.
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“Pro-family, pro-worker tax provisions are the heart
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