Political Quotes

“Mr. Speaker, as I listen to this debate, it appears that we have different perspectives about what is important to America. There is no tax relief measure that has ever been passed by this House which has done more good to help the average working family in my district, the 12th District of Georgia, than the child tax credit. My friend from Georgia (Mr. Lewis) made a quote. He said the $20,000 of tax credit over 10 years was for families earning more than $250,000. Well, he is correct. What he failed to mention is that this assumes you have two children, $1,000 a year for 10 years. If you made $100,000 a year, you would receive the exact same tax credit, $20,000 over 10 years. If you made $50,000 a year you would receive the same tax credit, $20,000 over 10 years. If you make $35,000 a year, which is the average for a small family in my district, you would receive the same tax credit of $20,000 over 10 years. With a median income for a family of four in my district at $35,000, the child tax credit virtually eliminates all Federal income tax for these families. These families earning that range have children. They need every penny of their income to properly raise their children, and I oppose them having to pay one nickel more. There are 113,000 children and families in the 12th District, and if we fail to pass this bill, the tax burden on these families will go up by $33.9 million.”