On the recordFebruary 8, 2005
And it is designed for parents of children and for working poor parents to help give them an extra opportunity. So when almost a third of the earned income tax credit money goes to people who are not entitled to it, certainly it hurts the people who would be entitled to it. Perhaps we could give a more generous benefit to the EITC families. Perhaps we could give a tax cut to other working families, or pay down the debt. So I just appreciate the gentleman mentioning that very good point. And when he said it, I had to go back to the earned income tax credit, a program we are not proposing to cut in any way, but would it not be wonderful if we could find that one-third that is going to people who are not entitled under the law?
Source
govinfo.gov




