Thursday, February 01, 2024
Grassley tosses out big reason he’s worried about bipartisan tax bill: ‘Means he could get reelected’
Sen. Chuck Grassley (R-IA) revealed part of his reluctance to support a bipartisan tax bill is based on concern it could help President Joe Biden get reelected.
The Iowa Republican said, “Passing a tax bill that makes the president look good,” suggesting to reporters the president would be “mailing out checks before the election.”
Grassley said this “means he could be reelected.”
Despite Grassley’s concern, the new bipartisan tax bill includes a tax credit and would not necessarily translate into checks being sent to voters. However, there was a 2021 child tax credit that incorporated checks for families as a part of a coronavirus relief bill. This particular provision isn’t reportedly included in the new bill.
The senator added that if Biden is reelected as a result, “we won’t extend the 2017 tax cuts,” which is a goal of the Republicans in Congress.
The House passed the bipartisan tax bill, the Tax Relief for American Families and Workers Act, on Wednesday by a vote of 357-70. Among other things, the measure expands the child tax credit.
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Sen. Chuck Grassley (R-IA)
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