To receive daily emails from Breaking Christian News to your inbox CLICK HERE


SHARE THIS ARTICLE Printer friendly version of this page

GOP Restores Adoption Tax Credit

Meg Storm : Nov 10, 2017  Faithwire

Some 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.







SHARE THIS ARTICLE Printer friendly version of this page

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Other Recent Articles from Breaking Christian News

Irish Citizens Could Go to Prison for Just Shopping in Israel if This New Anti-Israel Law is Passed

Los Angeles Bans Travel to Alabama, Calling Pro-Life Law an "Act of Aggression"

FACT CHECK: Ilhan Omar Is Spreading a Big Lie About Recently Passed Pro-Life Heartbeat Bills

Put Down the Starbucks! This Coffee Co. Alternative Supports LIFE, and Also Helps Single Moms

Tearful Theresa May Resigns after Brexit Failure: "No Ill Will"

"Wall of Answered Prayer" to Make "Good News Contagious" in UK: Will Celebrate Christian Heritage and Inspire Nation to Pray

"Lost Tomb" of Famed Warrior King Robert the Bruce Interred in Ancient Scottish Church

HEALTH: Civil War Era Plant Medicines Blast Drug-Resistant Bacteria

President Trump and First Lady Visit Arlington Cemetery to Pay Their Respects to America's Fallen Soldiers

Local Business Keeps Flying Giant American Flag Despite $11k in Fines from North Carolina City Gov; and Their Petition is Growing

Navy's Famous Top Gun School 50th Anniversary: Founder Says God was His "Co-Pilot" While Creating Training Program; "I Prayed for the Gift of Discernment"

New York Times Reports "Religious Conservative" Wives are the Happiest: Social Media Completely Loses It

FBI Presents Award to Baptist Church for Fighting against Human Trafficking

Millennial Evangelicals More Likely To Attend Church Weekly Than Older Generations, Poll Finds

Catastrophic Tornado Devastates Capital of Missouri, Leaves at Least 3 Dead: More Tornadoes, Flooding Expected

5 Surprising, Diverse Public Figures Speak Out against the 'Equality Act': "We're Talking about Civil TYRANNY, Not Civil Rights"

"They're ridiculous": Rep. Jim Jordan Says Democrats Are Plotting a 'Coordinated Effort' to Try to Take Down President Trump

Americans "Outraged" That Taliban Sympathizer and Traitor John Walker Lindh to be Released Early From Prison

US Ambassador to Israel Compares President Trump and President Morales of Guatemala to "Joshua and Caleb"

"Deal of the Century" for Mid-East Peace to Be Unveiled in Bahrain



Search the Articles Archives

Keyword:  
Author:  
Words Posted On:  
Day Month Year



To Order by Phone Call: 1-866-354-5245 (1-541-926-3250 outside the U.S.)

BCN Plus

An BCN Paid Advertisement

An BCN Paid Advertisement
BCN Store
Follow BCN on Twitter
Are You Praying for Our Government Leaders?
BCN Staff

Steve Shultz
Steve Shultz, Managing Editor
Founder and Owner


Aimee Herd
Aimee Herd, Editor


Teresa Neumann
Teresa Neumann, Reporter

BCN Plus
Are You Praying for President Trump?
 
An ElijahList Paid Advertisement
 
BCN Contact Info

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 2005-2017. 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.

541-924-3906