Political Quotes

“This legislation has been described by the Republican majority as an extension--an improvement--of the child tax credit, important to many American families, but the fact is this bill is deeply flawed. At a cost of nearly $100 billion, it increases the child tax credit for those with higher incomes while failing to extend needed relief for lower-income families. Consider the consequences. A single mother, with two children, working full time at minimum wage, earns just $14,500 annually. She will see a tax increase of $1,725. A lance corporal in the Marine Corps, with 2 years of service, married, with two children, earns about $23,000 a year in base pay. This family will see its taxes go up by $750. Yet those with higher incomes, including Members of Congress, who earn $174,000, and who have two children, will receive a tax cut of $1,600. Then in a hastily added provision, a child who is a legal resident or is a U.S. citizen and whose parent uses an individual tax ID number rather than a Social Security number will be denied the child tax credit no matter what the level of income. As a result of this legislation, 6 million children will fall into-- or deeper into--poverty. In my own home State of Pennsylvania, families making less than $40,000 a year will see their taxes increase by an average of $456, while families making more than $100,000 will see their taxes cut by $685. This bill ignores these harmful consequences.…”