Page 30 - Workers Act News Today

 

The U.S. House of Representatives has passed a $78 billion tax bill with a focus on enhancing the child tax credit and reinstating business deductions that…

Hard-line tactics and overt rebellions in the House GOP are no longer limited to the conservative wing of the party. A group of moderate New York Republicans took a page out of the House Freedom Caucus playbook this week, threatening to tank a procedural vote and hold up floor action to protest one of their top priorities…

Michael Godek/Getty Images(WASHINGTON) -- The House voted Wednesday night to pass a bipartisan tax bill that would enhance the popular Child Tax Credit to benefit millions of American families. The House voted 357-70 to pass the measure -- a rare bipartisan win. It now goes to the Senate, where its fate is uncertain. If passed by the Senate, the $78 billion tax package called the Tax Relief for American Families and Workers Act of 2024 would increase the child tax credit and restore critical res...

The legislation, known as the Tax Relief for American Families and Workers Act of 2024, is aimed at providing relief to lower-income families by making it easier to qualify for the child tax credit.

House passes $78 billion tax package.

On Wednesday afternoon, the closely divided House of Representatives passed a much-heralded bipartisan $78 billion tax deal by a wide 357–70 margin. The tax…

Married houses filing their tax return jointly could soon benefit from a further tax deduction, should New York House Republicans have it their way.

Sen. Chuck Grassley (R-IA) revealed that part of his reluctance to support a bipartisan tax bill was it could help Joe Biden get reelected.

Plus: California reparations bills drop, the Biden administration continues the war on gas stoves, and D.C.'s rising crime rate.