Republican tax cuts in doubt as Rubio joins the revolt
Donald Trump’s opponent in the presidential primaries is threatening to derail the bill over child tax credits
Senator Marco Rubio, the former Republican presidential candidate, has cast doubt over the passage of his party’s latest tax bill, announcing he will vote against it unless the child tax credit is increased.
The bill, which would cut taxes for high-earners, is seen as the last chance for a legislative success in the first year of Trump’s administration. “With Democrats unanimously opposed to the plan, Republicans can afford to lose no more than two members of their caucus in a final vote,” says The Washington Post.
Rubio is joined by his amendment’s co-sponsor, Republican Senator Mike Lee, who is “undecided on the overall bill and pushing to make the credit as generous as possible”, Time says.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
And “Senator Bob Corker, who voted against the Senate version of the bill because of its projected additions to the deficit, says he’s reviewing the final version but is expected to oppose it as well,” The Washington Post reports.
In the event of a deadlock, Vice President Mike Pence would exercise his vote to allow the bill to pass. He has cancelled a planned trip to Israel and Egypt next week to make sure he would be present if his vote is required.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Today's political cartoons - April 28, 2024
Cartoons Sunday's cartoons - airline safety, teleprompter gaffs, and more
By The Week US Published
-
5 doom 'n' gloom cartoons about the mess we're in
Cartoons Artists take on long-term pessimism, dystopian fears, and more
By The Week US Published
-
The Church of England's legacy of slavery
The Explainer Should the CofE offer financial redress for its involvement in the transatlantic slave trade?
By The Week UK Published
-
Can Trump get a fair trial?
Talking Points Donald Trump says he can't get a fair trial in heavily Democratic Manhattan as his hush money case starts
By Harold Maass, The Week US Published
-
What RFK Jr.'s running mate pick says about his candidacy
Talking Points Robert F. Kennedy Jr.'s' running mate brings money and pro-abortion-rights cred to his longshot presidential bid
By Harold Maass, The Week US Published
-
New York may seize Trump's assets for $450M penalty
Speed Read The former president likely owes $600 million from two civil judgments in New York
By Peter Weber, The Week US Published
-
Will the UK economy bounce back in 2024?
Today's Big Question Fears of recession follow warning that the West is 'sleepwalking into economic catastrophe'
By Chas Newkey-Burden, The Week UK Published
-
America's most in-demand job
Feature And more of the week's best financial insight
By The Week US Published
-
Five key takeaways from Jeremy Hunt's Autumn Statement
The Explainer Benefits rise with higher inflation figure, pension triple lock maintained and National Insurance cut
By Harriet Marsden, The Week UK Published
-
Withdrawing benefits: 'war on work shy' or 'matter of fairness'?
Talking Point Jeremy Hunt to boost minimum wage while cracking down on claimants who refuse to look for work
By The Week Staff Published
-
What Trump's New York fraud conviction means for his business empire
Speed Read A New York judge has ordered many of Trump's companies to be placed into receivership and dissolved, but questions remain
By Peter Weber Published