Ivanka gets her way on expanded child tax credit
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."