Senate Democrats tee up vote on child tax credit in election-year pitch to families
Source: ABC News/AP
August 1, 2024, 12:09 AM
WASHINGTON -- Democratic Senate Leader Chuck Schumer is daring Republicans to vote against a bipartisan tax cut package aimed at expanding the child tax credit for millions of families and restoring some business tax breaks.
And Republicans appear prepared to do just that on Thursday, with many arguing they will have more leverage to enact the tax changes they want if their party wins control of the White House and both chambers of Congress in November's election. Large parts of the tax cut package passed under Republican control in 2017 are set to expire after 2025, pushing tax issues to the forefront. I think we can do better next year, said Sen. John Cornyn, R-Texas.
It's expected to be the final vote senators will take before heading home for the August recess, and underscores how both parties are trying to spotlight issues they believe will play well with voters in November. Democrats are also looking to counter assertions from Donald Trump's running mate, Sen. JD Vance of Ohio, that Democrats are "anti-family."
The American people will get a chance to see which senators in reality support tax relief for parents and businesses and housing, and who opposes it, Schumer said. The roughly $79 billion package passed the House overwhelmingly in January, 357-70. But it has stalled in the Senate. The procedural vote to advance the measure will require support from 60 senators, which is unlikely.
Read more: https://abcnews.go.com/Business/wireStory/senate-democrats-tee-vote-child-tax-credit-election-112465355
Cirsium
(601 posts)That headline is awful, as is the both sides nonsense in the article.
BumRushDaShow
(140,580 posts)Schumer has overtly said what he planned this summer before they go on a break to allow the 1/3rd of their chamber who have to campaign, to have time to do that.
I.e., it's all for the election to put people "on the record".
Bayard
(24,012 posts)Makes it sound like the only reason Dems would do this is for political purposes, not because it helps people.
Thanks. It is the Republicans who are blocking the passage of a bipartisan bill so as to prevent a Biden "win." They are the ones playing politics with the issue, not the Democrats.