A bigger child tax credit isn’t coming. The Senate just voted against it.
1 min read
Image caption: Visitors walk towards the Capitol building in Washington, D.C. . Image credit: Samuel Corum / Getty Images. Article by Chabeli Carrazana. The 19th – August 1, 2024.
Seven months since the House passed a bill that would have expanded the child tax credit, the Senate has killed it. In Thursday’s long-awaited conclusion to a debate that was supposed to have been settled by Tax Day, legislators sank a bipartisan bill that would have boosted the amount of the tax credit through the end of 2025 and extended more of its benefits to the nation’s poorest families. […]
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Related articles:
Senate fails to advance major tax bill that would expand Child Tax Credit – CBS News
Senate GOP blocks tax bill as Democrats spotlight child credit in election-year push – CNN
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