Top Democratic tax writers remained optimistic Thursday about restoring a more generous version of the child tax credit that sent monthly checks to families after President Joe Biden admitted he’s “not sure” he can get the votes to pass it.
House Ways and Means Chairman Richard E. Neal, D-Mass., told reporters he’s “not ready to throw in the towel” on renewing the expired child tax credit expansion from 2021 that allowed families to get monthly checks of up to $300 per child and he doesn’t believe Biden is either.
“We’re gonna fight like hell for it,” Senate Finance Chair Ron Wyden, D-Ore., added. “It’s particularly important right now because it’s a tangible benefit at a time when families have extra expenses as a result of omicron.”
