Child Tax Credit Gets Boost, Expansion in U.S. House Vote
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The Republican-led U.S. House of Representatives voted to increase the child tax credit, including expanded benefits for upper-middle-class parents.
The proposal, passed on a 237-173 vote, would index the $1,000 per child credit to inflation, let people with higher incomes claim the credit and remove a marriage penalty. It would cost the government $115 billion in forgone revenue over a decade and Republicans said it would help families keep up with the increasing cost of raising children.