Since then, the bipartisan tax package has been stalled in the U.S. Senate. Recently, hope that the new child tax credit will become law dwindled again, after the bill failed to advance in the Senate.

Congressional negotiators on Tuesday unveiled their long-awaited tax package that would ease burdens on small businesses while expanding the popular child tax credit program that has been widely ...

which aims to boost the child tax credit, implement low-income housing credits and disaster relief, and give businesses an R&D tax break, among other things. The bill won bipartisan support ...

A historic 2025 tax debate ... Bill Clark via Getty Images The move to offer focus early on the popular credit was also seemingly designed to highlight an area of possible bipartisan agreement.

“There is bipartisan support to keep the Child Tax Credit at $2,000 so that provision will most likely ... Currently, the child tax credit gives families a $2,000 discount on their tax bill for every ...

House lawmakers in January 2024 passed a bipartisan tax package, including a child tax credit expansion. The change aimed to increase access and retroactively boost the refundable portion for 2023 ...

Unfortunately, though, if you're receiving monthly child tax credit payments, you might be sacrificing your big refund and/or setting yourself up for a hefty tax bill next year. Changes to the ...

“Whether it’s childcare, a flat tire, or an emergency medical bill, we’re helping ... is lost for an expanded federal child tax credit, however. The bipartisan Tax Relief for American ...