• @someguy3
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    5 months ago

    The legislation would have given low-income parents larger tax refunds, especially in households with multiple children. Tax analysts said a tax filer who has two children and earned $9,000 last year would receive a child tax credit refund worth $975 under current law, but $1,950 under the proposal.

    The bill’s authors, Sen. Ron Wyden (D-Ore.) and Rep. Jason Smith (R-Mo.), said it would “help 16 million kids from low-income families and lift 500,000 out of poverty,” in part by allowing parents to claim the full tax credit for each of their kids, something they can’t do now.

    Republicans complained that Senate Majority Leader Chuck Schumer (D-N.Y.) only brought the measure up for a vote six months after it was approved by the House (by a 357-70 vote) to help bolster the campaigns of vulnerable Democratic incumbents facing tough reelection fights in November.

    Some GOP senators also warned about giving Democrats a major election-year legislative victory

    • @edgemaster72
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      5 months ago

      After denying Obama the chance to fill a vacant Supreme Court seat then rushing through ACB in a much shorter window, Republicans deserve all the election year fuckery until Trump’s appointees are off the court

      • @someguy3
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        205 months ago

        Mr Lindsay Graham “use my words against me” when denying Obama’s pick. Well he’s not a man of his word.

    • @[email protected]
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      215 months ago

      Some GOP senators also warned about giving Democrats a major election-year legislative victory

      They’d rather burn the country down for wins than do anything useful for regular people.

      • @someguy3
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        125 months ago

        They wouldn’t pass this if they had the white house. As far as I’m concerned, they think burning the country down is a win.

        • @Rakonat
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          55 months ago

          Keeping the working and middle class entirely dependent on billionaires is what pays for their campaigns to get elected. Killing education and any critical thinking ability in their base is what makes the scam work.