An omnibus spending bill proposed by lawmakers early Tuesday morning — and likely the last major bill to pass this Congress — did not include an extension of the expanded child tax credit.
for some kind of bipartisan deal on it, and specifically named Republican U.S. Sen. Mitt Romney, of Utah, as a possible partner.
Bennet had helped secure inclusion of the expanded tax credit in the 2021 American Rescue Plan Act. It took the form of direct monthly payments: $300 per child younger than 6, and $250 for older children, and scaled depending on household income.credited it with nearly halving childhood poverty in the country and lifting some 5.3 million Americans, most of whom are children, out of poverty.
Its renewal hit snags in the form of concerns that it discouraged work and stoked inflation. Bennet said he wasn’t tied to the expanded credit looking exactly like what was in that law, but he did hope to at least close the minimum income requirements to qualify for the tax credit.
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