As Congress sends its latest tax proposal to President Donald J. Trump, both the House and Senate versions of the One Big ...

The bill includes nearly $4 trillion in tax cuts, along with new funding for immigration enforcement and defense. It also ...

Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...

Katherine Mangu-Ward Extending the income tax provision in Trump’s 2017 tax cuts was a perfectly reasonable thing to do ...

By increasing the credit’s value to $2,500 a child, the House bill effectively restores it to its value in 2017, when Mr. Trump raised it. Since then, it has eroded with inflation.

Banks’s bill, the Family First Act, increases the child tax credit amount from the current $2,000 level to $4,200 for families with a child up to age 5. The credit would be $3,000 for families ...

West Haven families and U.S. Rep. Rosa DeLauro, D-3, promoted the American Family Act, including an expanded Child Tax Credit for newborns, children and teens.

Under Trump's tax plan, the Child Tax Credit is $2,000 for each qualifying child. It rose during the pandemic to $3,600 but is set to fall back to $1,000 unless the TJCA is renewed.

A larger child tax credit gives parents more options than does a day care tax credit. Moore’s bill also frontloads the CTC, with a benefit of $4,200 for the child’s first five years.

Former President Trump has offered only vague comments of support for the child tax credit, though his vice presidential running mate, Ohio Sen. JD Vance, said he wants to increase it to $5,000.

“Good news: The Child Tax Credit bill is headed to the Senate,” Harris posted Feb. 1 on X “While @POTUS and I continue to fight for the full expanded Child Tax Credit, this bill should be ...