A House bipartisan bill
 that would extend
 the Child Tax Credit through 2025
and help small business passed the full House.
House vote was 357 - 70 with 188 Democrats and 169 Republicans in favor.
 

A Senate vote is expected.
Hasn't Happened 6/14/24

Was law designed to provide political fodder for 2024 elections?

Vance opposes free trade and advocates for the mass deportation of undocumented immigrants. 
reducing competition with cheap foreign and immigrant labor, these policies will help American workers.
Vance told The New York Times last month. “Yes, tariffs can apply upward pricing pressure on various things. it’s massively overstated — but when you are forced to do more with your domestic labor force, you have all of these positive dynamic effects.”

Vance supports industrial policy.  He has argued that the government should intervene to boost and protect domestic companies to rebuild America's industrial base and create more good jobs for American workers. 

Vance supports a higher federal minimum wage. Last year, Vance co-sponsored legislation that would raise the minimum wage to $11 per hour over four years for most of the nation’s employers. But Vance has expressed openness to the idea of much higher minimum wages. “You raise the minimum wage to $20 an hour, and you will sometimes hear libertarians say this is a bad thing,” Vance told The New York Times. “‘Well, isn’t McDonald’s just going to replace some of the workers with kiosks?’ That’s a good thing, because then the workers who are still there are going to make higher wages; the kiosks will perform a useful function; and that’s the kind of rising tide that actually lifts all boats.”

Vance supports the crypto currency industry and personally owns over $100,000 worth of Bitcoin. 

Vance expresses support for workers while opposing big goals of organized labor, including the PRO Act. The Pro Act, which would enhance protections for workers and  would end union-busting ‘right to work’ laws and make it easier for workers to form unions and win strong contracts.” He said he supports the European style of collective bargaining, where instead of contracts covering workers at specific businesses, contracts cover entire industrial sectors. 

Vance has questioned the value of the dollar as an “international reserve currency” and suggested that a weaker dollar would benefit the American economy. Since the end of World War II, the U.S. dollar has played a special role in the global economy: it’s the “international reserve currency,” . e, mainstream Republicans and Democrats have supported this special role for the dollar. because it allows borrow at lower interest rates. boosts American consumers’ ability to buy foreign goods and travel abroad. “But it does come at a cost to American producers,” Vance said. “I think in some ways you can argue that the reserve currency status is a massive subsidy to American consumers, but a massive tax on American producers.”

Vance is supportive of efforts to deregulate various industries, from artificial intelligence to energy. 

Vance is a self-proclaimed antitrust warrior who has expressed support for Biden’s head of the Federal Trade Commission, Lima Khan.

 (Khan has appeared on the Planet Money podcast; you can listen to our interview with her here)." And I guess I look at Lima Khan as one of the few people in the Biden Administration that I actually think is doing a pretty good job. And that sort of sets me apart from most of my Republican colleagues.”

 

Vance’s (Fraying) Alliance With Progressives On Economic Issues