The plan doesn't include tax increases on the wealthy or corporations — measures embraced by several Democratic presidential candidates.
Senate Democrats unveiled a proposal Wednesday to significantly expand tax credits for children and low-income households — and provide fresh ammunition for attacking President Donald Trump's tax cuts.
The proposal has the backing of Dick Durbin of Illinois, the second-ranked Democrat in the Senate; Ron Wyden of Oregon, the ranking member of the Senate Finance Committee; and Michael Bennet of Colorado, who is planning to run for president.The senators argue that the plan would have broad ramifications, especially for poor families. They estimate it would lift 7 million people out of poverty, including 3 million children, and increase incomes for 46 million households.
Republicans hold a 53-47 advantage in the Senate, making it unlikely that Democrats will pass the measure any time soon. Democrats have pressed their advantage with a slew of proposals targeted at reducing taxes for working families and expanding the social safety net. Brown has long pushed to expand the low-income tax credit and give workers early access to their refunds, but this latest bill goes further.
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