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The House of Representatives approves expanding the child tax credit and sends the measure to the Senate

2024-02-01T01:59:06.832Z

Highlights: The House of Representatives voted Wednesday night in favor of a $78 billion fiscal package that includes an expansion of the child tax credit. The bill has broad bipartisan support, but faces objections from some quarters, including liberal Democrats and conservative Republicans. The measure will now go to the Senate, led by Democrats, where it will need 60 votes to be approved. It is not clear that it has the votes to get through the Republican-led Senate. The House approved the bipartisan measure by 357-70, using a fast-track process that requires a two-thirds majority.


The bill has broad bipartisan support but faces objections from some quarters, including liberal Democrats and conservative Republicans.


By Sahil Kapur -

NBC News

The House of Representatives voted Wednesday night in favor of a $78 billion fiscal package that includes an expansion of the child tax credit, sending it to the Senate, where its path is uncertain.

The Republican-led House approved the bipartisan measure by 357-70, using a fast-track process that requires a two-thirds majority.

The bill has broad bipartisan support, but faces objections from some quarters, including liberal Democrats who oppose corporate tax breaks, right-wing Republicans who oppose the child tax break policy and members of the New York Republican Party, who complain about not expanding the $10,000 limit on federal deductions for state and local taxes.

The Capitol building in Washington, DC, on January 23, 2024.Samuel Corum/Getty Images

The measure will now go to the Senate, led by Democrats, where it will need 60 votes to be approved.

It is not clear that it has the votes to be approved.


Source: telemundo

All news articles on 2024-02-01

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