Florida Senator and one-time presidential hopeful Marco Rubio announced Thursday his plans to vote “no” on the GOP tax bill making its way through Congress, saying he will be unable to support the legislation without an expanded child tax credit.
According to the Washington Post, Rubio notified Senate Majority Leader Mitch McConnell of his changed vote this week, urging the GOP leadership to include Rubio’s demands in the final version of the legislation.
“unable to support the legislation without an expanded child tax credit”
The so-called Rubio-Lee amendment would drastically expand the child tax credit, permitting millions of American families to claim a tax refund regardless of payroll and their income bracket. The provision pays for the increased credits by raising the GOP legislation’s proposed corporate tax cut.
While the GOP leadership expressed they may be willing to increase the commonly used tax credit, it remains unclear if they’ll be willing to bow to Rubio’s demands.
McConnell is in a full-court press to pass the Republican’s sweeping tax bill before the new year, when Democrat Doug Jones replaces GOP Senator Luther Strange following this week’s Alabama special election.
Following Jones’ swearing-in ceremony, the Republican-controlled majority shrinks to a razor-thin 51-49 margin.