The Senate and House versions differ in key tax benefits. The child tax credit, for example, is permanently increased to $2,500 per child under the Senate plan, whereas the House raised it to $2,000 through 2028 before reverting to $1,000. For the standard deduction, the Senate locks in a permanent increase to $32,000 for married couples, while the House offers a temporary increase which drops back to current levels in 2026.
