tax bill that has already passed the House as an amendment in the FAA Reauthorization Act, an effort to force a vote on the measure to boost child tax credits and reinstate major breaks for business investment.
The amendment will be to include the House-passed bill, although the spokesman said that Wyden’s offer to Senate Republicans to make changes to the bill remains on the table. in question, crafted between Ways and Means Committee Chairman Jason Smith and Wyden, who is chairman of the Finance Committee, cleared the House with major bipartisan support in a 357-70 vote. It also has support from the White House.
But the legislation faced hurdles in the Senate, including skepticism from Republican senators over its enlargement of the child tax credit, and provisions that some conservatives have said would amount to an expansion of welfare and discourage work. Others have focused on the effects on the federal deficit.