To receive daily emails from Breaking Christian News to your inbox CLICK HERE
GOP Restores Adoption Tax CreditSome legislators had thought that overall tax relief would enable those wanting to adopt to use the savings toward that, but the backlash that ensued caused lawmakers to restore the credit. (Washington, DC) — [Faithwire.com] Many were taken aback when the latest GOP tax plan didn't keep the adoption tax credit, and several prominent voices spoke out against the move. Their words appear to have been taken to heart, as the GOP has reversed course and added the adoption tax credit back into both the House and Senate GOP tax bills. (Photo Credit: Wikipedia) According to The Hill: A tax credit for adoptive families has been retained in both the House and Senate GOP tax bills, following pushback from socially conservative lawmakers and anti-abortion groups. The credit was initially removed in the House version of the legislation, but an amendment released Thursday from the Ways and Means Committee Chairman Kevin Brady (R-TX) retained it. Preserving the credit "will ensure that parents can continue to receive additional tax relief as they open their hearts and their homes to an adopted child," Brady said Thursday during the fourth day of the committee markup. The Senate legislation also preserves the credit, Sen. John Hoeven (R-ND) said. The bill is set to be unveiled Thursday. Religious groups, as well as House and Senate conservatives, pushed for the credit to be retained. They argued that by eliminating the credit, the bill went against the GOP's anti-abortion platform. The credit provides up to $13,570 in tax savings per adopted child. Keeping the credit will cost $3.8 billion over ten years, according to the Joint Committee on Taxation. Reaction to the move seems to be favorable in general, while some wonder how it was allowed to be revoked in the first place. Here's the background on the whole story… Click here to continue reading.
To receive daily emails from Breaking Christian News to your inbox CLICK HERE Other Recent Articles from Breaking Christian News West Virginia Student Helps Pass Bill to Teach Intelligent Design: 'This Is a God-Fearing State' Free Speech Resolution Allows Satanic Temple 'Invocation' Sparking Chaos at a Michigan Board Meeting Paris Olympics Will Feature a 'Pride House' to 'Celebrate' Homosexual and Gender-Confused Athletes Video Captures Drag Queen Indoctrinating Kids, Getting Them to Chant... 'Free Palestine' Who's Funding the Anti-Israel, Pro-Palestine Protests? DEVELOPING: Harvey Weinstein Rape Conviction Overturned By New York Appellate Court Supreme Court Puts Final Nail in Coffin of Effort to Block Trump from Ballot in Arizona Courageous: Worship Leader Sean Feucht Prepares to Confront Anti-Israel Evil, Darkness, and Horror New Emails Expose Biden's Connection to Whistleblower Who Got Trump Impeached Tennessee Passes Bill Letting Teachers Carry Guns at Schools Transgender Movement Is Losing Its Influence on Social Media to Shut Down Debate Ohio Attorney General Breaks Down Leftist Legal 'Trick' to Block GOP Efforts to Protect Kids Nearly 2,000 Minnesota Students, 15 Teachers Walk Out of LGBTQ 'Indoctrination' Lesson 'Just a Disaster': Biden's Title IX Rule Empowers LGBTQ Movement, Erases Women and Justice United For Israel March Happening on the Columbia University Campus, April 25th Search the Articles Archives |
All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.
Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved
Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.
Home | Store | Subscribe | Facebook | Article Archive |