Bloomberg Tax
Jan. 27, 2022, 8:33 PM

Biden Ally in House Floats Lower Child Tax Credit Income Cap (1)

Erik Wasson
Erik Wasson
Bloomberg News
Billy House
Billy House
Bloomberg News

A top House Democrat suggested Thursday that his party scale back eligibility for child tax credits as a way to unlock President Joe Biden’s stalled economic agenda.

Representative Jim Clyburn of South Carolina, speaking in a video interview with the Washington Post, said he would support a lower income cap in a revived form of the child tax credit to get West Virginia Senator Joe Manchin to vote for Biden’s Build Back Better agenda.

“I would like to see him come forward with a bill for the child tax credit that’s means-tested. I think it would pass. He’d get ...

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