Senate Blocks Child Tax Credit Expansion Bill

A bipartisan bill aimed at expanding the Child Tax Credit (CTC) and restoring certain business tax benefits failed to advance in the Senate. The procedural vote ended with a 48-44 result, falling short of the 60 votes needed. Senate Republicans largely opposed the bill, citing concerns over its funding mechanisms and potential political motivations by Democrats. Despite passing overwhelmingly in the House, only three Senate Republicans—Josh Hawley, Rick Scott, and Markwayne Mullin—voted in favor. Senate Majority Leader Chuck Schumer switched his vote to 'no' for procedural reasons, allowing the possibility to revisit the bill. The failure of this legislation has sparked significant debate, as it would have provided substantial financial relief to low-income families and businesses ahead of the upcoming elections.