The 'Megaley of Trump,' formally known as the 'One Big Beautiful Bill' (OBBB), introduces significant changes to the U.S. tax ...

Speaking in Pennsylvania on Wednesday, for example, Vice President JD Vance all but ignored the massive reductions to social ...

The child tax credit is a partially refundable tax credit available to taxpayers with children or dependents under age 17. Parents and guardians earning $200,000 a year or less are eligible to ...

The “One Big Beautiful Bill” would boost the Child Tax Credit to $2,500 per child, allowing families to keep more of what they earn in their pockets to help cover the ever-increasing cost of ...

By making the 2017 Tax Cuts and Jobs Act — a landmark accomplishment of Trump’s first term — permanent, the annual tax credit families can claim per child would increase from $2,000 to ...

Chuck Fleischmann, for supporting the Child Tax Credit (CTC) when passing the “One Big, Beautiful Bill Act” earlier this month. That federal legislation raised this important tax credit from $2,000 to ...

Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without changes from Congress. The Senate's spending bill would permanently raise the top credit ...

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or ...