The US Congress committee announces new details regarding tax cuts.

The tax committee in the U.S. House of Representatives revealed details of a new tax proposal supporting the extension of tax cuts approved by President Donald Trump in 2017, ahead of the scheduled vote on Tuesday. The announcement came after contentious issues were excluded from the discussion.

The proposal, presented by the Means and Ways Committee and spanning 28 pages, includes increasing the child tax credit from $1,000 to $2,500, with this measure continuing until 2028.

However, the tax proposal failed to mention the fate of the "Medicaid" healthcare program, covering around 35 million people in states won by Trump in the last presidential elections, and did not address the tax credit for clean energy, which is beneficial for some Republican states.

Meanwhile, the chairman of the Means and Ways Committee, Jason Smith, stated the Republicans' commitment to these reforms, saying: "Republicans have spent two years preparing for this moment, and we will provide our services to the American people."

This comes as Republicans in Congress continue to work on finding solutions to fund what Trump previously described as a "big and beautiful bill," which includes immigration reforms and tax cuts worth trillions of dollars, but without a final resolution on "Medicaid" or the national debt ceiling.