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 RubioDemocrats ramp up warnings on Russian election meddling Davis: The Hall of Shame for GOP senators who remain silent on Donald Trump Lincoln Project expands GOP target list, winning Trump ire 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 LeeDavis: The Hall of Shame for GOP senators who remain silent on Donald Trump Overnight Defense: Air Force general officially becomes first African American service chief | Senators introduce bill to block Trump armed drone sale measure | State Department's special envoy for Iran is departing the Trump administration Senators introduce bill to block Trump armed drone sale measure 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.