Changes to the Senate GOP's tax plan include a proposal to reduce many taxes on individuals only temporarily but permanently chop the corporate rate.
The tweaks by Senate Finance Committee Chairman Orrin Hatch, R-Utah, on Tuesday largely move to make the bill comply with Senate budget rules.
Even before the revisions were finalized, the panel's ranking member Sen. Ron Wyden, D-Ore., slammed the plan for disproportionately helping businesses and wealthy taxpayers. He contended this week that the GOP abandoned middle-class tax relief for "a massive handout to multinational corporations."
Hatch's changes that were unveiled Tuesday night aim to decrease the burden on middle-class taxpayers and win over two skeptical GOP senators by proposing to increase the child tax credit to $2,000 from $1,000 per child. A previous version of the plan called for a $1,650 credit.
Major analyses so far have estimated that versions of the Senate bill would cut the tax burden on most Americans. However, millions of middle-income people could end up seeing a tax increase, due to the plan's elimination of provisions like state and local tax deductions.
Here are the notable changes in Hatch's revision:
The Senate is marking up, or debating and amending, its tax bill this week. Senate Republicans hope to pass the plan during the week after Thanksgiving.
The House aims to approve its separate tax bill on Thursday. The chambers would then have to hash out a joint plan.