Dems hustle for year-end deal as child tax credit cliff looms

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Dems hustle for year-end deal as child tax credit cliff looms
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Democrats are hoping a year-end cliff with 35 million families on the line can finally shake a deal loose on President Joe Biden’s marquee bill

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Senate Majority Leader Chuck Schumer speaks during a news conference about the Child Tax Credit on July 20. | Win McNamee/Getty Images And Democrats are showing signs of steady progress; several Senate committees have released draft text and CBO scores. But there's no complete legislative text for the bill. The Senate parliamentarian is still reviewing key parts of the House-passed legislation, including immigration reform and certain drug pricing provisions, to ensure that they comply with upper-chamber budget rules.

“If we act beyond December, you can make it retroactive, but I just think it’s important to get the bill done this month,” said Sen. Bob Casey . “I think we’ve got plenty of time.”

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