The House voted 220-211 to approve the rule for debating the measure, clearing the way for a vote on passage later in the night. No Republicans supported the move.
The issue is whether spending about $600 billion on a one-time tax credit that would be worth $8,000 to a family of four and reach more than 85 percent of taxpayers makes good economic sense
President Donald Trump plans to deliver his State of the Union address to a joint session of Congress on Tuesday
The Federal Reserve on Wednesday kept interest rates steady and signaled that borrowing costs were likely to remain unchanged at least through next year
There are signs the economy slowed early in the fourth quarter amid a cooling in consumer spending and a deepening downturn in business investment
Unlike past leaders, my goal is to ensure that this power of incentives works in America's favor, said US president Donald Trump
Defending the currency would require increasing interest rates, which might harm growth