President Joe Biden spoke to a joint session of Congress Wednesday, touting tax increases from two initiatives as a way of “guaranteeing fairness and justice.”
Sen. Josh Hawley (R-MO) introduced legislation Monday that would create a tax credit aimed at helping working-class Americans overcome financial and economic barriers to start a family.
President Joe Biden and his administration have already outlined their next big spending bill, The American Families Plan. A basic outline of the second bill was revealed by the Washington Post on Tuesday citing “two people aware of internal discussions.”
House Ways and Means Committee Chairman Richard Neal (D-MA) is calling to make permanent the temporary government benefits in the Coronavirus package.
President Joe Biden signed the $1.9 trillion coronavirus package into law Thursday, providing a path for an expansion of the welfare state by permanently maintaining socialistic entitlements originating from the legislation, such as the expanded child tax credit, which is now expanded from $2,000 to a maximum of $3,600 per kid for one year.
The $1.9 trillion coronavirus package establishes a guaranteed income for families with children by expanding an existing tax credit, essentially creating a new entitlement similar to those in socialistic countries.
Journalists are accusing Sen. Rand Paul (R-KY) of calling undocumented immigrants “non-people,” when he literally meant fictional people.
Sen. Bill Cassidy (R-LA) announced Wednesday that his and Sen. Kyrsten Sinema’s (D-AZ) Paid Family Leave bill continues to gain steam in the U.S. Senate.
Sens. Bill Cassidy (R-LA) and Kyrsten Sinema (D-AZ) unveiled Tuesday Congress’ first bipartisan paid family leave proposal, which could serve as the basis through which Congress passes a federal solution to help young parents start new families.
A far-left, George Soros-backed outfit known as the Center for Public Integrity and the socialist British newspaper The Guardian released an 11,000-word report chronicling the passage of the Tax Cuts and Jobs Act.
Sen. Steve Daines (R-MT) reintroduced legislation Monday that would provide tax relief to pregnant mothers for their unborn children.
On Thursday’s broadcast of CNN’s “OutFront,” Kevin Hassett, the Chairman of the Council of Economic Advisers, responded to Senator Marco Rubio’s (R-FL) statement by saying he thinks the Senate will figure it out and he doesn’t think Rubio will hold
Sen. Marco Rubio (R-FL) will oppose the Republican Tax Cuts and Jobs Act unless it includes an expansion of the child tax credit.
Evidence emerged Monday, as Republicans celebrated the Senate’s passage of the Tax Cuts and Jobs Act, that small changes were made in the Senate to the bill’s language, which would allow illegal aliens to continue to claim the child tax credit.
The proposal would allow the credit to be fully refundable against payroll taxes, making it more valuable to lower-income taxpayers.
Raising the child tax credit to $2,000 and eliminating the individual mandate makes this a tax bill populist conservatives can support.
The benefits of any tax overhaul for middle-class families will turn on what happens to the child tax credit.
The cornerstone of pro-family economic policy is per-child tax relief.
An estimated 45.3 percent of Americans are paying no federal income tax for the year 2015.
