House eyes vote this week on child tax credit bill, which faces some speed bumps

A bill to expand the child tax credit will get a vote in the House as soon as this week.

WASHINGTON — The Republican-led House is targeting a vote as early as this week on a bipartisan bill to expand the child tax credit and provide a series of tax breaks for businesses, three sources said.

The $78 billion package, which cleared the Ways and Means Committee on a 40-3 vote, could come up on Wednesday, said one of the sources, who added that the timing is not locked in. GOP leadership notified members that it "may be considered" this week.

The legislation presents a rare opportunity for a historically unproductive Congress to deliver a win for constituents. But it faces some obstacles in the House, where it will likely be fast-tracked and require a two-thirds vote to pass, and uncertainty in the Senate.

“There is strong interest in getting this done. These are proven pro-worker, pro-family policies that help extend some of the most economically beneficial provisions of the Republican tax cuts from 2017,” said Ways and Means Chair Jason Smith, R-Mo., an author of the bill. “A 40-3 vote in committee reflects the strong interest from all sides in having a vote on the House floor as soon as possible.”

Some liberals have objected to the tax cuts for businesses, which include breaks for research and development, and small business expensing. All three “no” votes in committee came from Democrats, though many others in the party are supporting the package due to the provisions for families with children, which are projected to cut child poverty.

https://www.nbcnews.com/politics/congress/child-tax-credit-bill-vote-house-opposition-rcna135930

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