Joe Crowley: “Under the Republican bill being debated now, this family would be required to refund the government the entire $4,640.…”

“Under the Republican bill being debated now, this family would be required to refund the government the entire $4,640. Talk about making work pay. Talk about getting a bonus for doing hard work and making work pay: Oh, here's 250 bucks. Please give us 4,640 bucks back. Let's remember that the $4,640 in tax credits never actually goes to the family. The Treasury cuts a check to the insurance companies, so the insurance companies are fine. They keep the money. It's the poor schlep--the middle class man or woman--who has to pay that money back. So in essence, this bill, H.R. 4, is charging families, families who play by the rules--not tax cheats, not people who are trying to scam the system but those who play by the rules--thousands of dollars in new taxes. These are not families getting so-called new taxes. These are not families getting so-called 'overpayment checks' or cash from the government. These are honest, hardworking families who are just trying to get ahead. The adoption of my amendment would have stopped the Republican tax increase on middle class families.”