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child tax credit
Democrats don't want to be outdone on theoretical tax expenditures for families.
The vice president is zeroing in on the cost of living, with new proposals to expand the child tax credit and build more homes.
The bill would have expanded the child tax credit and helped working parents plus given Democrats a major win ahead of the November election.
It's unclear if the Senate will pass the bill, with one Republican saying it makes the president look good by letting him mail out checks before the election.
WHAT'S HAPPENING
House Freedom Caucus chair Bob Good (R-Va.) says expanding the child tax credit is incentivizing this illegal invasion.
The bill has broad bipartisan support, so its basically up to Speaker Mike Johnson whether it passes the House.
The proposal would slightly reduce child poverty and restore key business tax breaks but it's not clear if it can become law.
Sen. Ron Wyden (D-Ore.) has been negotiating with Republicans on an expansion of the child tax credit.
The statistics paint a clear, painful picture. This country is failing millions of Black moms economically, politically and medically in ways that keep generations of Black families just like mine stuck.
Republicans want business tax breaks, but apparently not enough to pair them with a tax benefit for parents.
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