Ben Cardin: “I support this bill. It is good policy, the adoption tax credit. It should be made permanent. This bill will make it…”

“I support this bill. It is good policy, the adoption tax credit. It should be made permanent. This bill will make it permanent. It helps families who need help in adopting children, particularly those with special needs. But I want to point out that this bill removes the sunset that would take effect in the year 2010. So if this bill were not to be enacted into law this year, I want people to understand that we are not endangering the ability of families to take advantage of the tax credit. There is no urgency as far as the expiration of the tax credit itself is concerned. I do want to correct statements that I think were made by two of my colleagues, because I think they were misleading when it was said that the passage of this tax credit is consistent with the budget. We have not passed a budget. The deficit this year is $422 billion. What will this bill do? It will add a little bit more to the deficit. It will add a little bit more to the red ink of our Nation.”