Political Quotes

Mark Schauer: While many are quick to criticize the American Recovery and Reinvestment Act, the truth is that last month our economy…

On the recordApril 14, 2010
While many are quick to criticize the American Recovery and Reinvestment Act, the truth is that last month our economy created 162,000 jobs. But, of course, we have got a long way to go to get everyone back to work. Since tomorrow is Tax Day, I wanted my constituents to know one of the reasons our economy is getting stronger is record tax cuts in the stimulus for middle-class families. Ninety-five percent of workers are receiving the Making Work Pay tax credit of up to $400 per worker, $800 per family. Expansion of the child tax credit has helped families of more than 16 million children. Four million more students are attending college as a result of the new $2,500 tax credit; and tax credits and deductions are helping families stimulate the economy through purchases of homes, cars, trucks, and mobile homes. As families file their taxes and get their refunds, I want them to understand that these benefits didn't happen by accident. They were the result of a strategy that I supported and Democrats supported, cutting taxes for middle-class families.
Said by
Mark Schauer
Michigan
Source
govinfo.gov
Apr 14, 2010

Editor's note · Context

Schauer discusses the positive impacts of the American Recovery and Reinvestment Act on job creation and tax benefits for families.

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