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Report: Americans in all 50 states will lose jobs or see wages cut if Congress fails to pass tax deal

Americans in all 50 states will lose jobs and wages if Congress doesn’t restore full research and development (R&D) expensing included in the bipartisan Tax Relief for American Families and Workers Act, according to a new independent analysis. 
United States Jason Smith Means Committee Tax Relief American Families Workers Act

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House Set to Vote on Bipartisan Tax Bill to Expand Child Credit, Restore Business Breaks

The House of Representatives is poised to vote tonight on a $78 billion bipartisan deal that would temporarily enhance the Child Tax Credit and restore a trio of corporate tax breaks. The measure is expected to pass with broad bipartisan backing, though the vote only comes after House Speaker Mike Johnson was able to reach a side deal to allay the concerns of blue state Republicans upset that the cap on state and local tax deductions was not raised in the legislation. “The Tax Relief for ...
United States Jason Smith Joe Biden Rosa Delauro Mike Johnson Chuck Grassley
Source: yahoo.com

Speaker Johnson endorses bipartisan tax bill as 'conservative,' 'pro-growth' reform

By Elizabeth Elkind Fox News | Published January 31, 2024 1:05pm EST Read more at https://www.foxnews.com/politics/speaker-johnson-endorses-bipartisan-tax-bill-conservative-pro-growth-reform House Speaker Mike Johnson, R-La., is coming out in support of a bipartisan tax deal scheduled for a vote later on Wednesday. "The Tax Relief for American Families and Workers Act is important bipartisan legislation to revive conservative pro-growth tax reform," Johnson said in a s...
United States New York Elizabeth Elkind Nick Lalota Ron Wyden Jason Smith

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