WASHINGTON ― Democrats want monthly cash benefits for parents to continue forever, but their Build Back Better bill would extend the enhanced child tax credit for just one year. “They’re going to face a whole lot of parents who are going to say, ‘You’re going to stop that? Democrats expanded the child tax credit as part of the American Rescue Plan earlier this year, telling the IRS to advance the credit through monthly refunds to 36 million households with children. Rep. Kevin Brady (R-Texas), the top House Republican on tax policy, said he would not be interested in keeping the tax credit in its current form. AdvertisementThere’s no guarantee that Democrats could bully Republicans into supporting a continuation of the child tax credit.

Source: Huffington Post October 30, 2021 18:15 UTC