"Johnson Proposes Bipartisan Tax Package for House Floor Vote"

1 min read
Source: POLITICO
"Johnson Proposes Bipartisan Tax Package for House Floor Vote"
Photo: POLITICO
TL;DR Summary

House Speaker Mike Johnson intends to put a bipartisan tax package on the House floor for a vote, requiring a two-thirds majority to pass, including business breaks and an expansion of the Child Tax Credit. The package faces opposition from some Republicans over concerns about state and local tax relief, undocumented immigrants receiving larger child credit checks, and the expansion of the Child Tax Credit not going far enough for progressives. Despite potential challenges, a rare bipartisan vote with strong showings from both Democrats and Republicans is looking likely in the House, but the deal's fate in the Senate remains uncertain.

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