Political Quotes

“I rise today to urge conferees on H.R. 1308, the Child Tax Credit legislation, to do the right thing and act now to give lower-income families the tax refunds they deserve. Earlier this year we enacted a $350 million tax cut that lavished tax breaks on millionaires but failed to provide low-income families with a child tax credit. Last month we attempted to right this wrong by passing a bill that will provide low-income families with the same $1,000 child tax credit other families will receive. However, the House failed to include an important provision that would put these refund checks into the pockets of low-income families in the same timely way that checks land in the mailboxes of other families. Conferees should do the right thing by these 12 million children and insist upon the Senate-passed measure that would eliminate the delay and provide rebate checks to these families in the same timely manner provided to other families. This is what the President would like for us to do, and failing to quickly correct this problem is simply wrong. The Senate-passed measure has the added advantage of not adding to a deficit rapidly escalating out of control, whereas the House-passed version adds $82 billion to a deficit that is already staggering.”