House GOP leaders are moving forward with a $78 billion bipartisan tax package even as some Republicans express reservations over the deal, which includes an expansion of the popular child tax credit — a top Democratic priority.
Speaker Mike Johnson said at a private event on Monday that the bill – which also restores some business tax breaks that are favored by Republicans – will come to the floor under a suspension of the rules, which is an expedited process that requires a two-thirds majority for passage.
“It is gonna come up,” Johnson said at a Congressional Institute event on Monday, according to a transcript obtained by CNN. “There’s a few subsets of members you have concerns for various reasons, but we’re gonna probably run it on suspension. And I think you’re gonna get a very high vote tally, probably on both sides of the aisle.”
He added: “There’s a lot of great policy in there. It’s not a perfect bill. We’re not going to get a perfect bill when we have divided government as we do.”
The bill was discussed at length during a House GOP leadership meeting Monday and a floor vote could come as soon as this week, though GOP sources cautioned it hasn’t been set in stone yet.
House Ways and Means Committee Chairman Jason Smith, a Missouri Republican who negotiated the deal with his Democratic counterpart in the Senate, presented the deal to a smaller group of Republicans on Monday evening and is expected to brief the full conference on Tuesday.
But some Republicans are pouring cold water on the proposal. House Freedom Caucus Chairman Bob Good of Virginia said he’s concerned about expanding the child tax credit for people who aren’t paying taxes and worried that illegal migrants may potentially receive it – something the Ways and Means panel has pushed back on – and also took issue that it would be brought to…
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