Congress’ New Tax Deal Clears a Hurdle in the House

The House Ways and Means Committee voted 40-3 on Friday to advance a bipartisan, $78 billion plan to expand the child tax credit and restore a trio of expired or expiring business tax breaks. The overwhelming support indicates that the bill has momentum behind it as it heads to the House floor for a vote expected to come after lawmakers return from a one-week recess. “Today’s strong bipartisan vote in the Ways and Means Committee shows there is a path forward for Republicans and Democrats to com