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House Ways and Means Committee Introduces Potential Tax Extender Bill

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MRSPremains the same, requiring vans, sport utility vehicles, and pickup trucks to have a MSRP of less than $80,000 and all others less than $55,000. For purposes of the Build Back Better Plan, the CBO estimated that the costs associated with the enhanced child tax credit would amount to $207.8 billion in 2031.

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