Top Dem vows party won't let expanded child tax credit expire at month's end
By Aris Folley - 12/08/21 12:45 PM EST
House Democratic Caucus Chairman Hakeem Jeffries (D-N.Y.) on Wednesday voiced confidence that Democrats would not allow the expanded Child Tax Credit to expire at the end of the month as scheduled.
During a press conference, Jeffries defended the expanded credit as transformative for American families and said House Democrats “will not allow this tax credit to expire” and added he doesn’t “believe that the Senate will either.”
Jeffries said President Biden stressed to the party that the credit stood at “the top of the list” of Democratic-backed priorities tucked away in his sprawling social spending plan, dubbed the Build Back Better Act, that the party is working quickly to pass through Congress.
Democratic leadership has set sights on passing the massive spending package, which the party has worked months to craft in both chambers, before the coming Christmas holiday. Included in the plan is a one-year extension of the expanded credit, which is set to expire at the end of the month.
Many in the party support the expansion, with a number of Democrats backing an even longer extension to the initiative weeks back. But an earlier proposal for a four-year extension to the expanded credit was scaled down in the bill amid pushback by lawmakers like Sen. Joe Manchin (D-W.Va.), a key centrist, who called for more requirements for the benefit.
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https://thehill.com/policy/finance/584911-top-dem-vows-party-wont-let-expanded-child-tax-credit-expire-at-months-end