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Smith laid out how much it would cost to do a four-year extension of the Trump tax cuts in reconciliation versus what it would take to make them permanent during a House GOP members-only briefing.
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January 16, 2024

Ways and Means to mark up bipartisan tax package

Supporters of a bipartisan, bicameral deal to expand the child tax credit and revive business tax breaks are ramping up their efforts to move it through both chambers.

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Negotiators have a $78B tax deal
House and Senate negotiators have agreed on a roughly $78 billion framework for a package of tax benefits aimed at businesses and low-income families, according to a source familiar with the negotiations.
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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.

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