I rise today in light of today's news reports to really thank Republicans for finally agreeing with us that all children and families of America are important, whether or not they are wealthy. Two weeks ago, these same Republicans did not understand that lesson. Two weeks ago, they sacrificed the well-being of 6.5 million families, including 12 million children, so that they could pass tax breaks and dividend tax cuts for their wealthiest friends. Republicans thought that their actions really would have gone unnoticed, but how wrong they were. In California, for example, without this new legislation, almost 1.3 million California families would receive no child tax credit, including 2.4 million children. The Republicans would have especially hurt minority families because one-third of all Latino families would miss out on the tax break, while half of all African American families would not receive the credit. Thankfully now, the majority is really beginning to listen and beginning to understand that those families who do not make any more than $26,000 should also receive the same benefit that every family that earns up to $110,000 and over would receive.
Editor's note · Context
Addressing the importance of child tax credits for low-income families during a debate on tax legislation.
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