Political Quotes

“Mr. Chairman, this bill includes $146 million for the Internal Revenue Service to continue the Earned Income Tax Credit Compliance Initiative. I share the concern of the committee that the IRS have adequate resources for expanded customer service and public outreach programs, and strengthened enforcement programs to ensure the highest possible level of taxpayer compliance. The EITC, which was created in 1970s and was significantly expanded by President Reagan and then again by President Clinton, serves to reward low-income Americans for the work they do. Millions of American families receive much-needed assistance in the form of tax credits that are based on the amount of income they earn. There is a reason why President Reagan once referred to the EITC as the best anti-poverty and the best pro-family, the best pro-job creation measure, to come out of Congress. Recent studies have found that more than 60 percent of the increase in employment of single mothers has been due to the expansion of the EITC. The EITC has complemented and supported Congress' efforts to end welfare dependency by helping millions of poor women make the transition from welfare to work and remain self-sufficient.”