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Progressives Vote “No” on $78B Bill That Trades Corporate Tax Breaks for Reduced Child Tax Credit

HeadlineFeb 01, 2024

On Capitol Hill, the House on Wednesday passed a $78 billion bill that would expand the child tax credit while reviving some corporate tax breaks. While hailed as a bipartisan victory by centrist lawmakers, around two dozen Democrats voted against it. Progressive Texas Congressmember Greg Casar was one of them, arguing, “In exchange for a partial return of the child tax credit, Republicans got HUNDREDS OF BILLIONS of dollars in corporate tax cuts. For every dollar going to kids in this bill, five dollars goes to corporations. We have the money to pull every child in America out of poverty. We just need to say No to accepting crumbs while corporations get a full steak dinner.”

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