Political Quotes

On the recordMarch 13, 2008
Today Congress is confronted with making difficult choices in developing the budget for fiscal year 2009. Undoubtedly, there will be issues that will divide us as we consider this budget resolution, but I do believe that surely we can all come together on other issues. One such issue that I hope we can find mutual agreement is the need to expand the availability of the child tax credit to more working families. This is an issue that I have long worked with my good friend, Senator Lincoln, the senior Senator from Arkansas. Specifically, I have joined Senator Lincoln on an amendment that would create a reserve fund to lower the income threshold for the refundable child tax credit to $10,000 and de-index it from inflation. The consequences of inaction are serious for low-income Americans living paycheck-to-paycheck. It means that tens of thousands of low-income families will be completely ineligible for a credit they should receive.
Said by
Olympia Snowe
Republican · Maine

Editor's note · Context

Discussing the need to expand the child tax credit during budget discussions for fiscal year 2009.

Share

More from Olympia Snowe

Mar 11, 2013

By the end of this decade, I believe that every school in America should have 1 gigabit of connectivity.

congress.gov
Jul 16, 2013

Due in no small part to the leadership of Senators Rockefeller and Snowe, the E-Rate program from its inception focused on providing high-capacity transmission services to libraries and schools.

congress.gov
Nov 28, 2012

the SUCCESS Act, which is pending now, received 57 votes before we left.

congress.gov
Apr 10, 2013

If we ever want to harness the wind off of our shores, it has to be through an investment tax credit.

congress.gov

Other voices in this conversation