On the recordMarch 23, 1994
Is the Senator from Indiana trying to represent that this is a refundable tax credit to people who make under $16,000 a year?
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govinfo.govIs the Senator from Indiana trying to represent that this is a refundable tax credit to people who make under $16,000 a year?
Questioning a colleague's representation of a tax credit during Senate debate.
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But it is true, is it not, that a family of four making $16,000 a year gets no tax credit under this Republican proposal that the Senator from Indiana is lauding today? Is that not correct?
A working family of four making $16,000 a year would get no credit under this plan. Is that not correct?
But it would not be effective really in safeguarding the discretionary spending from being raided.
If they are paying no taxes and this gives them no tax credit, they would get no benefit under this proposal.