The Damage Report
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Republicans BLOW UP Over Stunning Bill In Blatant Election Scheme
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February 1, 2024
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7:45Now PlayingRepublicans explode over a bipartisan tax bill that would expand the child tax credit for reasons including, it might help low-income families and help President Biden during an election year. John Iadarola and Yasmin Khan break it down on The Damage Report.
Read more here:
Chuck Grassley Signals Opposition to Bill Because It ‘Makes the President Look Good’
"Sen. Chuck Grassley (R-IA) indicated he may oppose a bipartisan tax bill because he said it would make President Joe Biden “look good” in an election year.
The $78 billion package includes an enhanced child tax credit for low-income families and the extension of some tax benefits for businesses that were enacted in 2017. Additionally, the legislation contains funding for people affected by natural and manmade disasters.
“Passing a tax bill that makes the president look good — mailing out checks before the election — means he could be re-elected, and then we won’t extend the 2017 tax cuts,” Grassley told reporters on Wednesday, according to NBC News."
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