bipartisan compromise

Senate Republicans are set to block a child tax credit expansion

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Senate Republicans are set to block a child tax credit expansion

Senate Republicans are expected to block legislation Thursday to cut taxes for working families and extend some corporate tax breaks, likely dooming a bipartisan compromise that the House had overwhelmingly approved and raising the stakes on taxes for this fall’s elections.The $79 billion legislation would expand eligibility for the child tax credit, or CTC, among … Read more

GOP split could doom bipartisan child tax credit bill

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GOP split could doom bipartisan child tax credit bill

A bipartisan compromise to expand the child tax credit and restore some corporate tax breaks may not pass in the Senate due to opposition from Republican leadership, including Senator Mike Crapo. Democrats support the bill, but it may not have enough GOP votes to overcome a filibuster. If lawmakers do not act soon, the Senate may not take up the bill at all.