Louise Slaughter: “Saying that it will preserve family farms from taxation does not make it true. They are preserved already from taxation.…”

“Saying that it will preserve family farms from taxation does not make it true. They are preserved already from taxation. My interest in this effort is not today, it is not yesterday, it is not in the last week. On March 12, I introduced the child tax credit in the Committee on the Budget and it was voted there for the first time. All of the members on the Democratic side voted yes. All of the members on the Republican side voted no against the child tax credit. This legislation we deal with today goes into effect in 7 years. We have an opportunity to right a wrong, to right an injustice, to pass a child tax credit, to take the bill, to go to conference and address this issue and allow these hardworking people to get their benefit on July 1 as every other American who is going to get the benefit of this tax credit will. It is wrong to do otherwise.”