Mike Levin: “Look, the 10 percent applied across the board, and so much of it went to families other than the very wealthy. So much…”

“Look, the 10 percent applied across the board, and so much of it went to families other than the very wealthy. So much of this proposal of yours goes to families that are very wealthy. That is the difference. It is almost hard to believe a full year after this Congress passed a $350 billion tax cut bill that gave every millionaire in this country a $93,000 break, deliberately leaving behind 6.5 million families with 12 million children in the process, this majority has finally decided it is time to right the wrong done to these families, so long as something is done for the wealthy in return. During that time, Democrats have come to the floor time and time again imploring this majority to extend the $1,000 child tax credit to those families, a million of whom are military and veterans' families, with 260,000 children of active duty personnel serving today in Afghanistan and in Iraq. We have said that it is a matter of values. Now, when Republicans finally relent, they do so on the condition that families earning as much as $309,000 also get the credit.”