Tag: Jason Smith

House GOP Vows Consequences for Government Weaponization with Budget Cuts, Criminal Referrals

Just the News
Rep Jim Jordan

After 17 months of relentless investigation, House Republicans are moving to impose consequences on federal bureaucrats they believe weaponized government for political purposes. The first round will come in the form of budget cuts and criminal referrals, key lawmakers tell Just the News.

House Judiciary Committee Chairman Jim Jordan unleashed the first major strike of this new phase, submitting on Monday a sweeping roadmap to defund agencies and prosecutors who pursued conservatives, including former President Donald Trump.

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Congress Reaches Deal to Increase Child Tax Credit, Negotiate Tax Treaty with Taiwan

Admin
Family Learning

Congressional negotiators from the Senate and House of Representatives announced a deal on Tuesday to increase the child tax credit and negotiate a new bilateral tax treaty with Taiwan, among other matters.

The child tax credit was first enacted in 1997 to provide parents with greater funds to care for children under the age of 17 and was expanded in 2021 under the American Rescue Plan Act, though that expansion expired in 2022 and has not been reauthorized. The new deal — known as the “The Tax Relief for American Families and Workers Act of 2024” — reached between Democrats and Republicans in Congress will change the way the tax credit is calculated, increase the credit every year until 2025 and index it to inflation, according to a technical summary of the plan published by the House Ways and Means Committee.

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