Bipartisan tax bill that expands child tax credit runs into GOP resistance in the Senate

Bipartisan tax bill that expands child tax credit runs into GOP resistance in the Senate. The House passed the bill overwhelmingly bipartisan on Wednesday. The bill would expand the tax credit and restore key business tax benefits. The fate of the bill is uncertain as it heads to the Senate, where Republicans are divided on the issue.

House passes $78 billion tax bill expanding child tax credit and boosting US manufacturing. New breaks for businesses as well as an expansion of the tax credit. New tax breaks for small businesses and a boost to manufacturing also included in the bill. House of Representatives passes a major bipartisan tax deal with bipartisan support.

House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen. The child tax deduction expansion would make more of the credit refundable, helping millions of families. The bill is expected to be passed by the House of Representatives on Thursday.