GOP Tax Plan: Child Tax-Credit Gets Increase, But Is It Enough to Satisfy Rubio?

Features Dow Jones Newswires

The refundable part of the child-care tax credit has been increased to $1,400 per child, Rep. Kristi Noem (R., S.D.) said Friday after signing the final tax conference report.

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Sen. Marco Rubio (R., Fla.) had balked at the bill Thursday, saying he wanted to see an increase from $1,100 in the previous version.

Ms. Noem said Mr. Rubio hadn't personally told her he would now support the bill, but she thought the boost would be enough to get him on board.

"I believe that we're in a good spot and we should be able to earn his support," Ms. Noem said.

-- Kristina Peterson

(END) Dow Jones Newswires

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December 15, 2017 10:57 ET (15:57 GMT)