Senate Blocks $79 Billion Tax Bill Aimed at Families and Businesses

The legislation, which included an expansion of the child tax credit, fell short of the 60 votes needed to advance.

The bill proposed increasing the child tax credit and restoring certain business tax breaks.
It failed to pass with a vote of 48 in favor and 44 opposed, mostly along party lines.
Key Republican senators argued the bill needed revisions and could be better addressed next year.
Democrats aimed to use the vote to highlight GOP opposition to family and business tax relief ahead of elections.
Both parties accused each other of using the bill for political advantage rather than genuine legislative progress.