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Top lawmakers on the Senate and House tax writing committees announced a deal on a temporary expansion of the child tax credit alongside a series of business tax breaks.
Top Democrats and Republicans in Congress on Tuesday released a $78 billion compromise they have reached to expand the child tax credit and restore three popular expired business tax breaks, but the package faces a challenging road to enactment in an election year.
Key Congressional leaders will vote this week on a funding agreement to extend government spending into March.
CAPTOL HILL — Far-right Republicans are threatening another revolt after Speaker Mike Johnson and Senate Majority Leader Chuck Schumer agreed on a topline spending number for 2024 as part of their negotiations aimed at averting a government shutdown.
Just five days remain until a key government funding deadline, and even after congressional leaders on both sides of the aisle announced a deal to avert a shutdown until March, the schedule leaves little room for error.
FIRST ON FOX: Right-wing climate and energy groups are urging House GOP leaders to go further in their opposition to President Biden’s green energy policies.
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Congressional leaders have reached an agreement on a two-tiered short-term funding bill to keep the government open into March, sources familiar told ABC News.