Posted 2/2/2024, 10:30:00 AM
Bipartisan House Tax Relief Bill Faces Uphill Battle in Senate Over Deficit Concerns and Process Complaints
- Bipartisan House-passed tax relief bill faces opposition from Senate Republicans who were excluded from negotiations
- Senate Republicans angry over expanded child tax credit eligibility for migrants and lack of work requirements
- Bill could add nearly $400B to deficit over next decade, some call pay-for provision a "fake"
- Absence of amendments process in Senate threatens bill's chances of getting 60 votes needed
- Some Senate Republicans view bill as too generous to big companies and political boost for Biden before election