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Alhena

(3,030 posts)
Thu Feb 10, 2022, 09:51 PM Feb 2022

Is Sen. Kaine saying the Child Tax Credit is dead? - link

Reading between the lines, it seems to me like he's saying that:

Sen. Tim Kaine (D-Va.) said the latest inflation reading will put pressure on Democrats to limit whatever package they advance to proposals that will lower the cost of living for average Americans, such as a proposal to empower Medicare to negotiate lower prescription drug prices, something that Biden touted Thursday at an appearance in Culpepper, Va.

“I think it will pass in a pared-down version,” he said.

He said the legislation will likely include provisions addressing climate change, a scaled-down proposal to lower prescription drug costs, funding for expanded access to childcare and pre-kindergarten, and workforce development funding.

He said the rising inflation numbers “impacts the content of the bill.”

“That may shape what makes the final cut,” he added. “The items that really have cost reduction capacity on the things that really hit people’s pocketbooks are probably going to rise to the top of the to-do list.”

https://thehill.com/homenews/senate/593800-democrats-see-inflation-as-growing-problem-for-their-agenda

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Is Sen. Kaine saying the Child Tax Credit is dead? - link (Original Post) Alhena Feb 2022 OP
I suspect the Child Tax Credit has been dead for comradebillyboy Feb 2022 #1
Manchin won't allow it. onecaliberal Feb 2022 #2
Politics is the art of the possible ... PBC_Democrat Feb 2022 #3

comradebillyboy

(10,144 posts)
1. I suspect the Child Tax Credit has been dead for
Thu Feb 10, 2022, 09:59 PM
Feb 2022

some time now. With the current 7% inflation rate Biden has to be careful to not overstimulate the economy. Any new spending package will be fairly modest.

PBC_Democrat

(401 posts)
3. Politics is the art of the possible ...
Fri Feb 11, 2022, 12:19 AM
Feb 2022

Better to expend the energy on something that can actually get passed and signed.

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