Overview

• 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.