Politics

Rubio Will Not End Up Killing Tax Reform After All

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Robert Donachie Capitol Hill and Health Care Reporter
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Sen. Marco Rubio of Florida is going to vote “yes” on tax reform.

Rubio, a Republican, was threatening to vote against his party’s tax reform bill if leadership did not increase the amount of the refundable child tax credit to $1,400. The refundable amount was only $1,100 in the initial Senate bill, an amount Rubio did not think was enough to help low-income families and single mothers.

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The Florida senator called for the changes on Twitter early Friday morning.

The changes were enough to get Rubio on board, however, it still falls a bit short of what he was asking for in the final bill. Rubio, along with GOP Sen. Mike Lee of Utah, wants the refundable credits to kick in from the first dollar earned. The bill, as it currently reads, reportedly starts applying the refundable credits against household earnings after $2,500, The Wall Street Journal reports.

The bill also only applies the child tax credit for children under the age of 17.

Rubio made a few statements on Twitter Friday afternoon regarding the changes:

Republicans can only afford to lose two senators in their caucus. Three Republican defections would kill the bill.

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