Political Quotes

Charles Rangel: Mr. Levin has said that this change in the law and to remove the marriage penalty allows people making between $150,000…

On the recordJuly 25, 2014
Mr. Levin has said that this change in the law and to remove the marriage penalty allows people making between $150,000 and $205,000 to become eligible for the tax credit. It also says that a family making $160,000 a year would receive a new tax cut of $2,200. It just seems to me that the majority in this House is not going to allow this to stand unchallenged, and I would hope that either those that are controlling the time or the staff have enough interest to protect the integrity of the Ways and Means Committee to say that these child tax credits are for the working people that need the assistance that they can't get except through the Tax Code. If we are going to go near a trillion dollars in extending tax credits and extending our national debt, we certainly shouldn't do this for the benefit of the higher-income middle class people. So please don't let this debate close without hearing an answer as to why in the world would we extend the deficit for the benefit of people that are making up to $200,000 a year to receive benefits for child credits. The SPEAKER pro tempore. Again, the Chair will remind all Members to direct their remarks to the Chair.
Said by
Charles Rangel
Democratic · New York
Source
govinfo.gov
Jul 25, 2014

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