GOP senator doesn’t want to pass a tax bill because it could make Biden ‘look good’

WASHINGTON — Sen. Chuck Grassley, R-Iowa, cast doubt Wednesday on passing a bipartisan tax bill, saying it could make President Joe Biden "look good" and improve Democrats' chances of holding the White House in the 2024 election.

WASHINGTON — Sen. Chuck Grassley, R-Iowa, cast doubt Wednesday on passing a bipartisan tax bill, saying it could make President Joe Biden "look good" and improve Democrats' chances of holding the White House in the 2024 election.

Grassley said re-electing Biden could hurt Republican hopes of extending Trump-era tax cuts.

“Passing a tax bill that makes the president look good — mailing out checks before the election — means he could be re-elected, and then we won’t extend the 2017 tax cuts,” Grassley told reporter. The bill does not include checks for Americans; what it includes is a tax credit.

A 2021 child tax credit included monthly checks for qualifying parents, but they are not in the newly negotiated bill. The Republican-controlled House Ways and Means Committee said in a statement last week that under the legislation, the Biden administration would be “explicitly prohibited” from “manipulating the bill’s tax relief in an attempt to send politically timed refund checks.”

Grassley, who is on the Senate Finance Committee and previously was its chairman, added that the committee is not looking at the bill until it passes the House.

https://www.nbcnews.com/politics/congress/gop-senator-doesnt-want-pass-tax-bill-make-biden-look-good-rcna136649


Post ID: a2499ab8-30bf-4918-bde9-43bea6d58e63
Rating: 5
Created: 2 months ago
Your ad can be here
Create Post

Similar classified ads


News's other ads