This website collects cookies to deliver better user experience, you agree to the Privacy Policy.
Accept
Sign In
The Texas Reporter
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: The Policy Debate at the Heart of the Biden-Manchin Standoff
Share
The Texas ReporterThe Texas Reporter
Font ResizerAa
Search
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© The Texas Reporter. All Rights Reserved.
The Texas Reporter > Blog > Politics > The Policy Debate at the Heart of the Biden-Manchin Standoff
Politics

The Policy Debate at the Heart of the Biden-Manchin Standoff

Editorial Board
Last updated: December 22, 2021 2:51 am
Editorial Board
Share
The Policy Debate at the Heart of the Biden-Manchin Standoff
SHARE

On the call, which lasted 90 minutes, Senator Chuck Schumer of New York, the majority leader, told Democrats that he planned to press forward with votes next year, saying, “We won’t stop working on it until we pass a bill,” according to one official.

Congress expanded the scope of the child tax credit through the end of the year as part of the $1.9 trillion pandemic relief law, which cleared Congress with just Democratic votes, including Mr. Manchin’s. Democrats hope to extend it and ultimately make it permanent.

The credit, first established in the late 1990s, was increased to cover more families and restructured to allow direct monthly payments this year of up to $250 a child, or $300 for a child under 6. It also became fully refundable, meaning families did not need to provide proof of income or owe federal income tax to receive the payment.

Of the country’s 74 million children, nearly nine in 10 qualified, and the expanded eligibility for families at the low end of the income scale significantly reduced child poverty.

In an October Census Bureau report that tracked how about 300,000 recipients spent their first three payments this summer, researchers found that about half of families spent part of the money on food. Other families said they used the money to help pay their rent, mortgage, utilities, child care and school expenses.

Under the version of the domestic policy bill passed by the House, the program would be extended by another year. Without an extension of the expanded program, the size of the credit will fall substantially, especially for low-income families. And it will revert to being paid in a once-a-year lump sum connected to filing a tax return rather than half of it distributed monthly.

As Democrats hailed the payments hitting their constituents’ bank accounts this year, Mr. Manchin balked at the cost of the one-year extension, arguing that it was misleading given that there were ambitions to make it permanent, a step that would cost about an additional $1.5 trillion over a decade, according to the Congressional Budget Office.

TAGGED:Politics
Share This Article
Twitter Email Copy Link Print
Previous Article McConnell to Manchin: We’d Love to Have You, Joe McConnell to Manchin: We’d Love to Have You, Joe
Next Article That Hurts: Washington can’t stop run-heavy Eagles in loss That Hurts: Washington can’t stop run-heavy Eagles in loss

Editor's Pick

Barbies and Sizzling Wheels will price extra as Trump retains toying with tariffs

Barbies and Sizzling Wheels will price extra as Trump retains toying with tariffs

Appears to be like like President Donald Trump is lastly getting his want: Children will likely be getting fewer dolls…

By Editorial Board 4 Min Read
Alpine’s Sizzling Hatch EV Has a Constructed-In, ‘Gran Turismo’ Model Driving Teacher

One other win over its Renault 5 sibling is a multi-link rear…

3 Min Read
Louis Vuitton Is Dropping a New Perfume As a result of It’s Sizzling | FashionBeans

We independently consider all beneficial services and products. Any services or products…

2 Min Read

Latest

Small enterprise house owners on injury from Trump’s tariffs

Small enterprise house owners on injury from Trump’s tariffs

Beth Benike is a mother, a veteran, and a small…

May 11, 2025

Transportation Secretary Sean Duffy plans to scale back flight capability at Newark airport for the ‘subsequent a number of weeks’

Transportation Secretary Sean Duffy plans to…

May 11, 2025

Carrie Underwood Pregnant: Does She Need Extra Children?

Studying Time: 4 minutes Is Carrie…

May 11, 2025

Daring, Vivid & Nostalgic: The Pop Tradition Plastic Head Collection by Ryan O’Donoghue – Design You Belief — Design Day by day Since 2007

Ryan O’Donoghue’s “Plastic Head” challenge goes…

May 11, 2025

Trump set to just accept luxurious jet as present from Qatar, ABC says

President Donald Trump’s administration is more…

May 11, 2025

You Might Also Like

Why conservatives hate faculty
Politics

Why conservatives hate faculty

Explaining the Proper is a weekly collection that appears at what the appropriate wing is at present obsessing over, the…

7 Min Read
As a range grant dies, younger scientists concern it should hang-out their careers
Politics

As a range grant dies, younger scientists concern it should hang-out their careers

By Brett Kelman for KFF Well being Information Adelaide Tovar, a College of Michigan scientist who researches genes associated to diabetes, used…

12 Min Read
Courts are sick of Trump’s crap, and goodbye to jackass Ed Martin
Politics

Courts are sick of Trump’s crap, and goodbye to jackass Ed Martin

Injustice for All is a weekly sequence about how the Trump administration is making an attempt to weaponize the justice…

10 Min Read
It’s fascinating to look at Trump supporters notice they screwed up
Politics

It’s fascinating to look at Trump supporters notice they screwed up

That is an occasional roundup of people that voted for Donald Trump and are shocked to search out out nobody…

13 Min Read
The Texas Reporter

About Us

Welcome to The Texas Reporter, a newspaper based in Houston, Texas that covers a wide range of topics for our readers. At The Texas Reporter, we are dedicated to providing our readers with the latest news and information from around the world, with a focus on issues that are important to the people of Texas.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© The Texas Reporter. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?