FOX Business – Millions of American households last week received what may be the final child tax credit (CTC) payment until further notice. That’s unless Democratic lawmakers can come to an agreement to pass President Joe Biden’s signature social spending bill, the Build Back Better Act. Read the full article.
Senate Democrats had hoped to vote on the bill, which would extend CTC payments through 2022, by Christmas. But that deadline is looking less realistic as Build Back Better failed to gain the support of a key holdout, centrist Democrat Sen. Joe Manchin of West Virginia.
In an interview on “Fox News Sunday,” Manchin said he would not support the current version of the $1.75 trillion social spending bill, adding that he has “done everything humanly possible” to reach a compromise with the Biden administration.
