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Rubio: GOP tax bill doesn't do enough to help working families

Rubio: GOP tax bill doesn't do enough to help working families
© Keren Carrion

Sen. Marco RubioMarco Antonio RubioRubio wants 'UFO sightings' to be registered, taken seriously Strange bedfellows: UFOs are uniting Trump's fiercest critics, loyalists Second suspected 'Havana Syndrome' case near White House under investigation: report MORE (R-Fla.) said Thursday that the House GOP tax plan’s increase to the child tax credit doesn’t do enough to help working families.

Rubio said on Twitter that the House GOP’s proposed $600 increase to the child tax credit “doesn’t achieve our & [President Trump’s] goal of helping working families.”

The House GOP tax plan released Thursday calls for increasing the child tax credit to $1,600 per child from $1,000. 

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Rubio had previously called for increasing the child tax credit to $2,500 per child, pitching the idea in a Breitbart opinion piece. He and Sen. Mike LeeMichael (Mike) Shumway LeeOvernight Energy: Colonial Pipeline says it has restored full service | Biden urges people not to panic about gasoline shortages | EPA rescinds Trump-era cost-benefit rule Senate panel advances Biden's deputy Interior pick Hillicon Valley: Global cybersecurity leaders say they feel unprepared for attack | Senate Commerce Committee advances Biden's FTC nominee Lina Khan | Senate panel approves bill that would invest billions in tech MORE (R-Utah) have also introduced a Senate bill to increase the deduction.

Rubio and several other GOP lawmakers also met in June with Ivanka Trump, a senior White House adviser and the president's older daughter, about the child tax credit and paid family leave.

The House GOP tax plan would consolidate the current seven brackets to four, with the top tax rate staying at 39.6 percent. The other individual rates in the bill are 12 percent, 25 percent and 35 percent.

The standard deduction is nearly doubled, and the bill also creates a $300 credit for expenses related to care of parents and non-child dependents. The bill preserves the child and dependent care credit and the earned income tax credit.