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WASHINGTON,
D.C. – U.S. Representative Jan Schakowsky (D-IL) issued today’s “Bush Administration’s
Misstatement of the Day” on the child tax credit.
During
a speech today in Birmingham, Alabama, President Bush said:
We
understand that as -- when the economy is slow and people are worried about
the future, that it takes a lot to raise a child. And so we increased the
child credit from $600 per child to $1,000 per child. This summer, I remember
going to Pennsylvania and -- where they were cutting the checks, and I
said, “The check's in the mail.” Fortunately, it turned out to be in the
mail. People got money back. Money in their pocket. ...if you had a
child, then you got $400 per child.
The
President, however, failed
to mention the 12 million children that Republicans left behind in
the new tax law in order to make room for tax
breaks for the wealthy. (Read More)
Schakowsky
said, “President Bush refused to intervene on behalf of working families,
but he doesn’t hesitate to talk about their children when it suits his
political purpose. It is shameful.”
Background:
Republicans
removed a provision that would have provided an increase in the child credit
to working and military families making between $10,500 and $26,625 during
final closed-door negotiations on the $350 billion tax bill signed by President
Bush.
After
it was reported in the press, and following Democratic pressure, on June
5, the Senate passed H.R. 1308 by a vote of 94 to 2 to immediately increase
the child tax credit to working families, including, including the families
of 262,000 military children. However, House Republicans were unwilling
to spend $3.5 billion to provide tax relief to those children unless it
was coupled with more tax cuts for higher income people totaling $80 billion. |
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