Nov 15, 2017

Ivanka gets her way on expanded child tax credit

Jonathan Swan

Ivanka Trump arrives in Tokyo yesterday. (Yoshitaka Sugawara/Kyodo News via AP)

Ivanka Trump achieved her goal in the modified tax bill: an expanded $2,000 child tax credit. She has been lobbying members of Congress for months to get this done; and in the end faced relatively little determined opposition.

Why it matters: The idea — though it's expensive and doesn't simplify the tax code — appealed to conservatives who might otherwise oppose it because they view it as being a pro-family policy.

Here's Marco Rubio & Mike Lee — the two GOP Senators most crucial to lobbying for the expansion of the child tax credit:

Rubio: "While I still need to see details, I welcome news from the Finance Committee that the child tax credit will be expanded to $2000. I remain committed to ensuring that tax reform provides real and meaningful relief for working American families."
Lee: "I am thrilled to hear that the revised Senate tax reform proposal will double the child tax credit to $2,000 per child. Details are still being worked out, and I eagerly await their release. But if true, this could provide unprecedented tax relief for working moms and dads, and a great victory for American families."

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Ivanka gets her way on expanded child tax credit

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