Political Quotes

“I thank the gentlewoman for yielding. Mr. Speaker, I thank the gentlewoman for her longtime commitment to the child tax credit. We know it works, and she has been the most dedicated advocate for the child tax credit that we have in the United States Congress today. I thank Rosa DeLauro. When congressional Democrats and President Biden enacted the American Rescue Plan in 2021 without a single Republican vote, we prioritized the economic well-being of working families with the expanded monthly child tax credit. The expanded child tax credit under the American Rescue Plan reached 61 million children and reduced child poverty by nearly one-half, lifting nearly 3 or 4 million children out of poverty. In contrast, this bill is expected to lift only 500,000 children out of poverty when it is fully phased in. So this is not an extension of the child tax credit that we passed in the American Rescue Plan. It is not as generous, it does not help the lowest income families, and unlike the ARP plan, there are no monthly checks. People do not pay their bills once a year. They pay them monthly. So the impact of this program will not nearly be as strong as the former child tax credit that we passed in the American Rescue Plan. So this deal fails to reinstate the economic gains made for working families, and it fails to come anywhere close to the reduction of child poverty achieved under the American Rescue Plan.…”