Political Quotes

“Mr. President, a week or so ago we marked Earned- Income Tax Credit Awareness Day, a day to highlight a vital tool for Americans working their way out of poverty. These are challenging economic times. The costs of food, housing, transportation and, basic necessities increase while wages stagnate. We know for the last 10 years, even before this recession, even in times of relative prosperity where profits were up and there was growth in the economy, most people's wages were flat even though costs went up. Tuition especially, energy costs, health care costs have meant difficult times for a decade; obviously more acutely difficult now. That is one of the reasons the earned-income tax credit, one of the most important tax cuts for our Nation, is so important. The EITC is designed to fill that gap that so many working families suffer from. It provides millions of Americans, including hundreds of thousands of Ohioans, from Bellaire to Van Wert, from Ashtabula to Middletown--provides hundreds of thousands of Ohioans earning low to moderate wages, a potentially lifesaving tax credit. If you work and you play by the rules but you earn low wages, the earned-income tax credit can provide for your children, help you build economic security, help you extend your reach for the American dream. According to a recent study, the earned-income tax credit has lifted more children above the poverty line than any government program.…”