Claudia Tenney: “The passage of today's bill is the first step to providing desperately needed once-in-a-generation relief from the…”

“The passage of today's bill is the first step to providing desperately needed once-in-a-generation relief from the failed status quo, especially in New York State. Under this bill, the typical American family making $73,000 a year will see a tax cut of $2,059, and low- and middle-income New Yorkers can finally see an immediate raise in their January and February paychecks. As a single working mom and a person who cared for my elderly and aging parents, I and my New York colleagues fought an uphill battle to include provisions facing elimination that are vital to seniors, single parents, struggling families, and overburdened job creators, many of whom have left New York State in vast numbers. Despite the fact that these provisions faced the very real threat of elimination, our efforts were successful in securing the historic tax credit for a State like New York, with many of our Nation's most historic and most important national landmarks, expanding the SALT deduction--the State and local tax deduction--childcare and dependent care credits, and continuing the deductibility of medical expenses, to assist our most vulnerable seniors in defraying high medical costs. In New York's 22nd District, 99 percent of itemizers deduct less than $10,000 in property tax, the cap which represents the new deduction. Due to Albany's mismanagement, all the counties I represent are in the top 36 highest property tax rates compared with home value nationwide.…”