"House Approves Expanded Child Tax Credit Bill, Sending It to Senate Amid Bipartisan Efforts"

The House has passed a bipartisan tax package that includes a temporary expansion of the child tax credit for three years, along with restoring business tax credits. The bill, if quickly passed by the Senate, would allow more low-income families to access the credit and receive a larger credit, benefiting roughly 16 million children in low-income families in the first year. While some Democrats criticized the bill for not providing enough support for low-income families, Senate Democrats generally support the legislation, and it could come up for a vote quickly.