On the recordMay 9, 2003
while many economic indicators show that the American economy is back on the road to recovery, working families in central and western Pennsylvania continue to struggle to pay their bills. Unemployment rates for some portions of my district have risen as high as 14 percent, and jobs are difficult to find, even for the most well-trained workers. For my constituents, the time to act on these alarming trends is now. I applaud the leadership of the gentleman from California (Mr. Thomas) and the Committee on Ways and Means on crafting H.R. 2 to help spur our Nation's economy, and we in the House were right to pass this vital legislation. The provisions of H.R. 2 will put billions back into our country and create thousands of new jobs for Pennsylvania workers. This legislation will ensure our economy continues to grow and creates jobs in the years ahead. H.R. 2 is an important step in answering the economic questions facing millions of American taxpayers. The benefits of H.R. 2 are staggering. Twenty-seven million taxpayers will benefit from the increased child tax credit in 2003 alone; nearly 10 million taxpayers will not pay the AMT; 10 million seniors will become more financially secure in retirement by keeping more of their dividend income.
Source
govinfo.gov




