December 4, 2017
U.S. Senate passes major tax reform, excludes unborn
The Rubio-Lee Amendment, aimed at helping lower income families benefit more fully from the increased Child Tax Credit, garnered only 29 ‘Yes’ votes, falling far short of the 60 required for passage. Thirty Republicans voted against the measure, while 9 Democrats supported it. The Senate procedural hurdles required the removal of the unborn from the 529 education savings accounts and also prevented Alaska Senator Steve Daines from offering his much anticipated amendment which would have included the unborn in the Child Tax Credit (CTC).
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