House Republican bill calls for bigger child tax credit. Here's who could benefit (1 Viewer)

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    Kate Dore, CFP®, EA, CNBC

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    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...

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