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Boosts Child Tax Credit 2024: House Approves Bipartisan Tax Bill

Child Tax Credit 2024 deal for the house that got a lot of votes

Child Tax Credit 2024 deal for the house that got a lot of votes. (PHOTO: The Hill)

According to CNN Politics news, a tax bill worth $78 billion was passed by the House. There were votes for and against the plan. It temporarily increases the child tax credit for 2024 and brings back tax breaks for companies. It had 357 votes in favor and 70 votes against in the House. This idea is a big step forward so the Senate will look at it.

READ ALSO: Legal Battle Unfolds Over Guaranteed Income For Black And Hispanic Transgender Residents In San Francisco

Putting Child Tax Credit 2024 college funds

Low-income families with children will get extra money. New Yorkers were angry that the deal didn’t change other tax rules they wanted. The government thinks that the plan will help families and won’t cost a lot of money. The idea can be used by both families and business people. This could be good for companies and help them grow. Part of the plan is to help people find houses and get back on their feet after a disaster.

READ ALSO: Low-Income Homeowners Can APPLY NOW For Richmond Property Tax Rebate

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