>Senators voted 48-44 to advance a bill co-authored by Sen. [Ron Wyden ](https://thehill.com/people/ron-wyden/)(D-Ore.) and Rep. [Jason Smith ](https://thehill.com/people/jason-smith/)(R-Mo.) that would have raised the child tax credit (CTC), ended the fraud-ridden Employee Retention Tax Credit (ERTC) program and reinstated other tax credits for businesses.
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>Senators voted 48-44 to advance a bill co-authored by Sen. [Ron Wyden ](https://thehill.com/people/ron-wyden/)(D-Ore.) and Rep. [Jason Smith ](https://thehill.com/people/jason-smith/)(R-Mo.) that would have raised the child tax credit (CTC), ended the fraud-ridden Employee Retention Tax Credit (ERTC) program and reinstated other tax credits for businesses.