House Passes Bipartisan $78 Billion Tax Relief Bill

The legislation is aimed at providing tax relief for families with children and for small businesses, while providing incentives for research and development.

The U.S. Capitol building in Washington on Jan. 26, 2024. Madalina Vasiliu/The Epoch Times

The House approved a bill on Jan. 31 aimed at providing tax relief for families with children and for small businesses.

The final tally for the 83-page measure, which would give $78 billion in tax relief to those groups, was 357–70 as 169 Republicans and 188 Democrats voted in favor while 47 Republicans and 23 Democrats voted in opposition. The legislation needed to pass with at least a two-thirds majority.