Political Quotes

On the recordSeptember 15, 2005
I would like to thank both my colleagues who serve on the Ways and Means Committee who are from Louisiana and the affected area. As you look at the overall part of this bill, both from the charitable piece to also helping the families, whether that is on debt forgiveness, dislocation as relates to building a home, and also their own family income or casualty loss, finally the Tax Code is beginning to reflect America's values: When something happens to an American, all Americans pull together to help those individuals affected restore their lives, rebuild their communities, and get back on with their own lives. I want to isolate a particular part of this bill which deals with the Earned Income Tax Credit. I have introduced a bill with Senator Obama in the Senate that would fast-track the Earned Income Tax Credit and child credit and other educational credits to affected individuals. There is a precedent for this. During 9/11, the United States Congress fast-tracked the authority and allowed the Secretary of Treasury to get to affected families during 9/11 the child credit. In the same way, we should get to the Earned Income Tax Credit, the child credit, as well as educational credits like the Hope Scholarship to affected individuals on a fast-track basis so they, as a family, can get their lives restored, families who have children, families who work.…
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Rep. Rahm Emanuel
Illinois

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