TAX PACKAGE TO GO TO HOUSE FLOOR THIS WEEK
House Speaker Mike Johnson (R-LA) said he plans to bring the bipartisan tax package to the House floor to vote this week. The package includes the restoration of critical research and development deductions for businesses willing to invest in R&D, as well as the expansion of the Child Tax Credit. According to POLITICO, House leadership had put the text of the deal on this week’s legislative calendar as a bill that may be considered, but the timing itself is yet to be determined.
