Rising

Children's Defense Fund CEO: Not 'wise' for Biden to negotiate on child tax credit

The president and CEO of the Children's Defense Fund said he did not think it was "wise" for President Biden and Democrats to negotiate on a child tax credit, after the president suggested trimming its extension to one year during negotiations with lawmakers. 

Democrats on the House Ways and Means committee originally hoped to extend an expanded child tax credit to 2025, a provision to be included as part of a larger social spending package. 

"Frankly, this may well be the most popular bipartisan element of his reconciliation package, and as much as we've come to a point now of beginning to attempt to negotiate, unfortunately of parties and constituencies against one another, the president should be mindful that he gets to impact families across the board, poor and middle class families," Dr. Rev. Starsky Wilson said during a Wednesday appearance on Hill.TV's "Rising."

"So I don't think it's wise on his part to be offering up that kind of negotiation on this, I think the pay-fors have already been noted in the Senate proposals in these negotiations. So there's really not a need to be negotiating with himself," Wilson added.

Democrats are trying to determine how to trim down a reconciliation package currently priced at $3.5 trillion after two moderates, Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.), announced they would not support a package of that size. 

Pelosi, who said she wanted a permanent child tax credit, said on Thursday that Biden's proposal for a one-year child tax credit was a compromise she could agree to.

"That's what the president has agreed to," Pelosi said on Thursday.