House Passes Expanded Child Tax Credit Bill
Summary from the AllSides News Team
On Wednesday, the US House of Representatives passed a $78 billion expanded child tax credit bill.
Key Details: The bill passed with bipartisan support by a vote of 357-70. It now goes to the US Senate, where it will need 60 votes to pass. The legislation, entitled the Tax Relief for American Families and Workers Act, was crafted by House Ways Means Committee Chair Jason Smith (R-MO) and Senate Finance Committee Chair Ron Wyden (D-OR). It reinstates business deductions that were revoked during the Trump administration and boosts the child tax credit.
Key Quote: “The numbers speak for itself, it shows that when you’re trying to deliver for the American people, people will join together and that’s what we saw today,” Smith told reporters after the vote.
For Context: The legislation passed in the House with the help of House Democrats after Republican leadership scrambled to appease the concerns of some conservative House Republicans. The bill could face hurdles in the Senate, though Senate Majority Leader Chuck Schumer (D-NY) supports the legislation.
How the Media Covered it: Sources on the left and right noted that Hosue Speaker Mike Johnson (R-LA) had to strike a side deal with four New York Republicans who wanted the bill to increase federal deduction for state and local taxes.
Featured Coverage of this Story
From the Right
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 get this bill signed into law in time for tax season, which begins at about the end of January.
The Wednesday vote was preceded...
From the Left
House passes an expanded child tax credit bill and sends it to the Senate
The House voted Wednesday night to pass a $78 billion tax package that includes an expansion of the child tax credit, sending it to the Senate, where its path is uncertain.
The Republican-led House passed the bipartisan measure 357-70, using a fast-track process that requires a two-thirds majority. The legislation received broad support from each party: 169 Republicans and 188 Democrats voted for it, while 47 Republicans and 23 Democrats voted against it.
But the bill does face opposition from a few corners, including liberal Democrats who object to the business tax breaks, right-wing...
From the Center
House passes $78 billion tax bill in bipartisan vote
The House passed a $78 billion tax bill on Wednesday that boosts the child tax credit and reinstates business deductions that were rescinded during the Trump administration, sending the bipartisan, bicameral legislation to the Senate for consideration.
The chamber cleared the measure, dubbed the Tax Relief for American Families and Workers Act, in an overwhelmingly bipartisan 357-70 vote.
Passage of the legislation — which was crafted by House Ways and Means Committee Chair Jason Smith (R-Mo.) and Senate Finance Committee Chair Ron Wyden (D-Ore.) — marks a rare show of bipartisanship in this Congress, which has been defined by...
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