Long a rallying point, Child Tax Credit now splits Democrats

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Few things had united Democrats like the child tax credit. Until recently.

As part of their last stimulus package, they radically expanded the break in a bid to slash childhood poverty. Democrats upped the maximum credit to as much as $3,600 per child, from $2,000, while dumping longstanding rules that pegged how much someone could receive to how much they earned.

All of that puts the squeeze on the child credit, one of the costliest items on Democrats’ to-do list. This year’s payments were projected to cost $109 billion. “We didn’t have a new tax plan every half hour,” Neal told reporters, adding the child credit provisions “ought to remain in the final package, as issued” by his committee.His comments came on the heels of a warning Monday from the chamber’s moderate New Democrat Coalition that it too expects to see something like the House plan in any final package.

“New Dems are the majority makers in the House, and it is our constituents who would be left behind if this enhanced Child Tax Credit is not fully extended.”But some Democrats, including House Speaker Nancy Pelosi, are willing to live with the administration’s proposal.

 

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