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

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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Art Dealer Told Congress That Joe Biden Called and Met Him While He Sold Hunter Biden’s Paintings

Georges Berges

The art dealer who sold Hunter Biden’s paintings told Congress that President Joe Biden both called and met him at the White House as he was pitching Hunter’s artwork and that the first son also made an unusual request to be informed about who bought his pieces, according to testimony that directly undercuts the White House narrative on the sales.

The Biden White House repeatedly told the public that Hunter Biden’s art sales were covered by an ethics agreement to ensure they were arms-length and that the first family — Hunter included — was blinded to the identity of buyers.

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Federal Debt Up $6.2 Trillion Under Biden – $47,462 per Household

Congress Spending

The federal debt increased by $6,238,231,285,652.06 between Jan. 20, 2021, the day President Joe Biden was inaugurated, and Jan. 2, 2023, the last day for which the debt has been reported.

That equals $47,462.84 for each of the 131,434,000 households that the Census Bureau estimates were in the United States in 2023.

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More Generation Z Candidates Filing to Run for Congress

Gen Z Congress Candidates

The current youngest generation may soon elect more of its members to the United States Congress.

According to The Hill, several more members of Generation Z, also known as “Zoomers,” are attempting to expand their ranks in Congress after the first Zoomer was elected in 2022. The age group, the next in line after Millennials, is generally considered to start with those born in 1997 or later. Currently, the sole Zoomer in Congress is Maxwell Frost (D-Fla.), who was elected in 2022 at the age of 25.

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Pressure Grows in Congress to Determine If Bidens Got Defensive Intel Briefing on China Deal

The FBI conducted FISA surveillance on one of Hunter Biden’s Chinese business partners while other federal prosecutors secured evidence that a second Chinese associate of the first family was present when foreign bribery payments were made. And a major bank reported to the U.S. Treasury Department that in 2017 a $5 million loan the Bidens got from a Chinese energy company smacked of a Beijing influence operation targeting Joe Biden before he was president.

A fast-growing body of evidence from bank transactions to court transcripts is putting pressure on Congress to resolve an important question: Did Joe Biden or any of his family members get a defensive briefing from U.S. intelligence that some of their foreign business partners had unsavory ties or were engaged in criminal behavior?

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