Senate Finance ranking member Mike Crapo of Idaho and other Republicans argued the look-back provision would weaken incentives to work.
Senate Republicans poised to sink bipartisan tax bill that passed in GOP-run House
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"With each week that has passed, members have strongly voiced additional calls for numerous modifications, and there are also increasing concerns about making 2023 changes this far into the IRS tax filing season," he said.
Mike Crapo deals major blow to deal on child tax credit, business tax cuts
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