House passes $78 billion tax bill expanding child tax credit and boosting US manufacturing

The House of Representatives approved a major bipartisan deal to temporarily expand the child tax credit and revive a number of business tax breaks on Wednesday. The $78 billion tax bill passed with wide support from both Democrats and Republicans, despite issues raised earlier this week by key factions on the right and left. Speaker Mike Johnson, R-La., gave the bill his blessing hours before the final vote. "The Tax Relief for American Families and Workers Act is important bipartisan legislation to revive conservative pro-growth tax reform. Crucially, the bill...