The table below summarizes in detail how the bill would change major provisions of the tax code. (crfb.org)
Other major provisions in ARRA replaced the HOPE education credit with the more generous and more refundable American opportunity credit (at a 10 - year cost of $ 14.8 billion), increased the refundability of the child credit ($ 13.9 billion), boosted the earned income tax credit (EITC — $ 4.7 billion), and temporarily suspended taxation of the first $ 2,400 of unemployment benefits ($ 4.7 billion). (taxpolicycenter.org)
The latest rise in annual percentage rates comes as banks continue to adjust their card offers before major provisions of the landmark Credit CARD Act take effect on Feb. 22. (creditcards.com)