
House Republicans have moved closer to passing President Donald Trump's spending package, which could include a bigger child tax credit.
The House Ways and Means Committee, which oversees taxes, passed its portion of the legislation on Wednesday. While the tax plan could see a full House vote as early as next week, changes could still happen in the Senate.
However, the House-proposed child tax credit boost wouldn't provide relief to the lowest-earning families, according to some policy experts.
More from Personal Finance:House Republicans advance...
Continue reading...The House Ways and Means Committee, which oversees taxes, passed its portion of the legislation on Wednesday. While the tax plan could see a full House vote as early as next week, changes could still happen in the Senate.
However, the House-proposed child tax credit boost wouldn't provide relief to the lowest-earning families, according to some policy experts.
More from Personal Finance:House Republicans advance...