House passes bipartisan $78 billion child tax credit and business investment break bill
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House passes bipartisan $78 billion child tax credit and business investment break bill

The House passed a major bipartisan bill on Wednesday that would expand the child tax credit and renew key business investment deductions. The vote was 357-70‚ with members of both parties supporting the $78 billion legislation‚ H.R. 7024‚ the Tax Relief for American Families and Workers Act. The bill faces some obstacles in the Senate. The White House‚ though‚ has indicated that President Joe Biden supports the plan. Lawmakers have been rushing to...