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Tax bill passes committee, so now what?

January 22, 2024

Via: POLITICO

Supporters of the bipartisan tax bill needed a statement vote out of the House Ways and Means Committee on Friday to help their cause — and they sure got one.

Only three of the committee’s 43 members voted against the agreement, as Pro Tax’s Benjamin Guggenheim noted — all Democrats concerned that the bill’s expansion of the Child Tax Credit was too stingy.

The action on the tax agreement will take a pause this week, with the House on recess. But supporters hope to vote on the bill as soon as next week, when the House comes back to Washington.

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