I find it a little ironic, but perhaps not surprising, that efforts to get a couple of resolutions on the floor to approve or have the Senate go on record that the American taxpayer, the American family, the American working people need tax relief--we tried to get just a resolution approved under a unanimous-consent agreement, but it was denied. Many talk about tax relief. The only problem is there are many more in this body who talk against tax relief. I have been a strong supporter of family tax relief, and I have been the author and have supported for the last 4 years an effort to get a $500-per-child tax credit across the board. That is not really enough, because when you look at how we support families and children, if we kept pace--and a lot of you just looked at your 1040 forms, 1040EZ forms, and you found out for every dependent you can deduct $2,550. If that had kept pace with inflation from 1955, it would be worth over $9,000.
Rod Grams: “I find it a little ironic, but perhaps not surprising, that efforts to get a couple of resolutions on the floor to…”
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Discussing tax relief and the need for a child tax credit during a Senate floor speech.
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