On the recordDecember 3, 2015
I rise to speak about some of the matters we are working on today with regard to votes that will take place later on. We now are in a period in our economic history where we have had a significant recovery, but we still have a ways to go and still have families across the country who are living with some economic uncertainty. We can take steps today and certainly over the next couple of days and, we hope, in 2016 to ease some of that uncertainty or to create more economic certainty for our families, especially middle- class families. One of the most important steps we can take to address some of the challenges our families face is to boost middle-class incomes. The most significant challenge we have as a nation right now, I believe over the long term, is what will happen to incomes--especially what will happen to middle-class incomes--over time. I have an amendment today that will address part of the solution or part of the strategy to raising incomes. One of those ideas is an expansion of the child and dependent care tax credit, which is a tax credit that helps families afford childcare, and so I will speak about that for a couple of minutes today. The other issue we are going to deal with is the so-called dual-earner tax credit, which helps families who have young children where both parents work outside the home. I don't think it is a news bulletin to anyone here or across the country that the cost of childcare has skyrocketed, especially in recent years.…





