Political Quotes

“Madam Speaker, I move to suspend the rules and pass the bill (H.R. 9051) to amend the Internal Revenue Code of 1986 to increase recovery rebate amounts to $2,000 for individuals, and for other purposes. The Clerk read the title of the bill. The text of the bill is as follows: H.R. 9051 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Caring for Americans with Supplemental Help Act of 2020'' or the ``CASH Act of 2020''. SEC. 2. RECOVERY REBATE AMOUNTS INCREASED. (a) In General.--Section 6428A of the Internal Revenue Code of 1986, as added by the COVID-related Tax Relief Act of 2020, is amended by striking ``$600'' each place it appears and inserting ``$2,000'', and by striking ``$1,200'' each place it appears and inserting ``$4,000''. (b) Effective Date.--The amendments made by this section are contingent upon the enactment of the COVID-related Tax Relief Act of 2020 and shall apply (if at all) as if included in the enactment of section 272 of such Act. SEC. 3. DEPENDENTS TAKEN INTO ACCOUNT IN DETERMINING CREDIT AND REBATES. (a) Recovery Rebates.-- (1) In general.--Section 6428(a)(2) of the Internal Revenue Code of 1986 is amended by striking ``qualifying children (within the meaning of section 24(c))'' and inserting ``dependents (as defined in section 152)''.…”