Senate Rejects Bipartisan Tax Deal | The legislation would have restored prized tax breaks for businesses and expanded the child tax credit. It had passed the House with broad bipartisan support.

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https://www.nytimes.com/2024/08/01/us/politics/senate-tax-bill.html?unlocked_article_code=1._k0.EXnT.77nBm0ycwPPf&smid=url-share

Republican opposition doomed the bill’s fate months ago, Senator Chuck Schumer, the New York Democrat and majority leader, brought it up for a procedural vote on Thursday. The vote failed 48 to 44, falling short of the 60 votes needed to advance. Three Republicans joined Democrats in favor of the bill, while two independents who caucus with Democrats — Senator Joe Manchin III of West Virginia and Senator Bernie Sanders of Vermont — opposed it. Mr. Schumer also ultimately voted against the bill, a decision that allows him to potentially bring it back up for another vote.

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NegativeInf@lemmy.world ⁨2⁩ ⁨months⁩ ago

Republican senators worried that the bill’s expansion of the child tax credit veered into creating a new welfare program, stalling the legislation.

Fuck these freaks. “Party of family values” my ass. They are the party of forced birth and then fuck you, the childs born, figure it out you poors.

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