'On life support': Senate Republicans are prepared to sink the child tax credit bill

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'On life support': Senate Republicans are prepared to sink the child tax credit bill
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Sahil Kapur is a senior national political reporter for NBC News.

WASHINGTON — Senate Republicans are inching closer to burying a bipartisan bill to expand the child tax credit and provide breaks for businesses, issuing a series of demands that would most likely disrupt the coalition that enabled it to pass the House. The $78 billion bill, negotiated by House Ways and Means Committee Chair Jason Smith, R-Mo., and Senate Finance Committee Chair Ron Wyden, D-Ore.

Asked whether the bill is dead, he said that wasn’t his announcement to make. “You can’t say that until Crapo says it,” Grassley said. “Crapo’s the guy who’s got to say that.” The demands are a tall order. Crapo indicated that he isn’t satisfied with using changes to the employee retention tax credit as an offset; ditching that idea would require starting from scratch. Rep.

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