Expressing support for tax policies that support working families.

• Families with children get a larger child tax credit with a maximum of $2,200 per child and a $15 billion down payment into tax-advantaged accounts for kids.
• Lower- and middle-income taxpayers are described as avoiding a $2.6 trillion tax hike for those earning under $400,000 and receiving about $222 billion in tax refunds in 2025.
• Seniors can claim a new deduction of up to $6,000 per year.
• Workers keep more pay through provisions that say there is no tax on tips and no tax on overtime, plus a new deduction for interest on auto loans for new American-made vehicles.
• Adoption, education, and health benefits expand with a universal adoption credit of $17,280, 529 accounts that can pay for trade school and K-12 costs, and expanded access to health savings accounts for more than 10 million Americans along with pairing HSAs with direct primary care and telehealth.
• The package is presented as shifting the tax burden so the top 1 percent pay nearly 40 percent of total income taxes while the rest pay about 60 percent.

*Net effect: the package reduces federal revenue and increases the deficit, reflected in $222 billion of 2025 refunds and $205 billion in new tax relief from a permanent higher standard deduction.*