Friday, October 28, 2022

A Possible Bipartisan Compromise on the Extended Child Tax Credit?

From Spotlight on Poverty and Opportunity

Supporters of the expanded Child Tax Credit, which expired earlier this year when Senate Democrats failed to reach agreement, continue to hope for a bipartisan path to extension. Zach Moller, director of the Economic Program at Third Way, recently raised a possible deal: a bill that combines a CTC extension with changes to research and development tax deductibility that Republicans are concerned about. Moller spoke with Spotlight recently; the transcript of the conversation, below, has been lightly edited for length and clarity