Posted 2/1/2024, 12:22:00 AM
Grassley May Oppose Bipartisan Tax Bill, Citing Concerns Over Bolstering Biden Before Election
- Sen. Chuck Grassley indicated he may oppose bipartisan tax bill because he said it would make Pres. Biden “look good” in an election year
- $78B package includes child tax credit for low-income families and extension of some tax benefits for businesses
- Also contains funding for people affected by natural and manmade disasters
- Grassley claimed checks would be mailed out before election, but House committee says legislation crafted so Biden can't send "politically timed refund checks"
- House voting on package Wed night; if passes, heads to Senate