Political Quotes

On the recordSeptember 14, 2005
as we consider tax incentives for businesses that have been affected by Hurricane Katrina and help them get up and running, we must also help the affected families get up and running. Both are essential endeavors. Americans have lost their homes and incomes through no fault of their own. In the coming days, I will introduce the Hurricane Katrina Accelerated Tax Benefits Act. This bill will fast-track the Earned Income Tax Credit, the Child Tax Credit, and educational incentives such as the Hope and Lifetime Learning Credits to the people in the Gulf Coast, providing these hard-working Americans with much-needed resources. It will stimulate the economy and help rebuild the lives of affected Americans. These Americans who have lost so much should receive their tax refunds now. They have worked for it, and they have earned it. There is a precedent for fast-tracking tax refunds during times of crisis. Following the tragic events of September 11, 2001, Congress passed legislation to fast-track the Child Tax Credit refunds. Mr. Speaker, we cannot undo the damage wrought by Hurricane Katrina, but we can begin to restore lives. By taking these steps, we can quickly deliver the funds to these families who have worked hard and paid taxes. I hope my colleagues will join me in advancing this important legislation. ____________________
Said by
Rep. Rahm Emanuel
Illinois

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