The Senate on Thursday rejected a bill to expand the child tax credit and restore business tax breaks, as Republicans largely opposed the measure, suggesting they might secure a better deal in the future. The vote was 48-44, falling short of the 60 needed to advance the legislation.
Senate Majority Leader Chuck Schumer, D-N.Y., urged Republicans to support the package, which included tax cuts for low-income families and businesses. “Will Senate Republicans join us to give Americans a tax break or will they stand in the way?” Schumer asked before the vote.
Three Republicans, Sens. Josh Hawley of Missouri, Markwayne Mullin of Oklahoma, and Rick Scott of Florida, joined Democrats in favor of the bill. However, independent Sens. Joe Manchin of West Virginia and Bernie Sanders of Vermont opposed it.
The $79 billion proposal, which passed the House with broad support, aimed to make the child tax credit more accessible to low-income families and reinstate deductions for businesses. Senate Republican Leader Mitch McConnell criticized the bill, labeling it “cash welfare instead of relief for working taxpayers.” Democrats see the rejection as a campaign issue, accusing Republicans of blocking financial aid for families. Meanwhile, GOP leaders argue they can deliver more comprehensive tax relief if they gain a majority.
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