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House passes bill to expand child tax credit

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WASHINGTON, DC - JANUARY 31: U.S. Speaker of the House Mike Johnson (R-LA) arrives to a roundtable on the southern border at the U.S. Capitol on January 31, 2024 in Washington, DC. Members of the House Republican Conference held a roundtable to discuss border security legislation and immigration. (Photo by Kevin Dietsch/Getty Images)

House Republicans were anxious to restore full, immediate deductions that businesses can take for the purchase of new equipment and machinery, and for domestic research and development expenses.


Originally published at The Associated Press

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