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Democrats Look for Path to Deal on Expanded Child Tax Credit

Dec. 5, 2022, 9:45 AM

Prospects are dimming for Republican and Democratic lawmakers to find agreement on expanding business tax credits and reviving an expanded child tax credit—but the light isn’t completely out.

Finding consensus could mean Democrats, who lose their hold on unified government in January, will have to decide which parts of the now-expired expanded child tax credit they could live without. But with a Senate seat undecided and congressional leadership quarreling over how much to spend in an appropriations package, comity on what tax provisions should make an end-of-year bill deal remains elusive.

GOP lawmakers want more generous tax breaks for businesses ...