"House Votes to Expand Child Tax Credit and Revive Corporate Tax Breaks"
The House is set to vote on a bill that would expand the child tax credit for low-income families and restore certain corporate tax breaks, with Republicans divided over the legislation. Politically vulnerable New York Republicans opposed the bill due to the $10,000 cap on the state and local tax deduction, while some House Freedom Caucus members objected to the child tax credit provisions. Despite internal dissent, House Speaker Mike Johnson plans to move forward with the vote, relying on Democratic support. The bill faces criticism from conservative groups and false claims about enabling undocumented immigrants to claim the child tax credit, but has garnered support from outside groups and the business lobby.
