Rep. Nicole Malliotakis praised the recently passed House Reconciliation Bill, emphasizing its benefits for taxpayers, particularly senior citizens. The bill introduces various tax relief measures, including a Social Security tax credit, elimination of certain taxation standards, and expanded Child Tax Credits. Additionally, it addresses Medicaid fraud and abuse, ensuring protections for vulnerable populations. Malliotakis also highlighted the bill's focus on strengthening national security and reducing illegal immigration within Medicaid support. She called on the Senate to support these provisions to fulfill commitments to American citizens.
The Reconciliation Bill promises a Social Security tax credit for senior citizens, eliminates taxes on tips and overtime, permanently ends the Alternative Minimum Tax, and extends tax-free employer reimbursement for students and college graduates.
Malliotakis asserted that the bill...will bring additional tax relief for senior citizens, increasing the SALT and Standard Deductions, and expanding the Child Tax Credit to ensure hardworking Americans keep more of their hard-earned money.
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