Child tax credit expiration adds pressure for Democrats
By Naomi Jagoda and Aris Folley - 12/12/21 08:00 AM EST
Democrats are feeling an increased sense of urgency to quickly get President Biden’s social spending and climate package across the finish line, due to the pending expiration of the expanded child tax credit at the end of the year.
Absent congressional action, the IRS will make its last monthly child tax credit payment on Dec. 15. Democrats see the monthly payments as critical to reducing child poverty and want to prevent a lapse.
The key obstacle is Sen. Joe Manchin (D-W.Va.), who has expressed a reluctance to passing the social-spending package this year. Despite Manchin’s hesitancy, key Democrats are insistent that the expanded child tax credit won’t expire.
“We are not going to have a lapse in payments. That’s too important,” said Sen. Sherrod Brown (D-Ohio).
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https://thehill.com/policy/finance/585380-child-tax-credit-expiration-adds-pressure-for-democrats