10-05-2025
House Tax Panel Releases Partial Version of Trump BIll
The House Ways and Means Committee on Friday night released a partial version of President Donald Trump's tax proposal that calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.
'Ways and Means Republicans have spent two years preparing for this moment, and we will deliver for the American people,' Representative Jason Smith of Missouri, the committee's chairman, said in a statement.
