Pryce Votes to Protect Ohio
Families From Tax Hikes
Action Will Prevent Tax Increase on 30
Million Taxpayers
WASHINGTON –
Today Congresswoman Deborah Pryce (R-OH-15) spoke in favor of and
supported the Child Credit Preservation and Expansion Act of 2004,
a plan to prevent a tax hike on millions of American parents, including
nearly 2 million children in Ohio. The legislation passed the House
by a vote of 271 to 139.
“Children across the
country are getting ready to enjoy their summer break. But it’s
unlikely that parents will enjoy having to spend an extra $300 for their
taxes, rather than their family vacation,” said Rep. Pryce. “The last
thing American families need is a tax hike.
“The families of
nearly 2 million children in Ohio, almost 100,000 in my district alone,
currently receive tax relief through the child tax credit. In passing
this legislation today, we’re helping to strengthen Ohio’s families by
allowing them to keep more of their own hard-earned money,” Pryce said.
In 2001, Congress
passed legislation that expanded the child tax credit from $400 to
$1,000 over ten years. Two years later, Congress passed legislation to
accelerate the credit to $1,000 in 2003 and 2004. Without action by
Congress, the child tax credit will drop from $1,000 to $700 next year.
Middle- and
low-income families will be protected from tax hikes by the House
plan, as it will increase the number of families eligible for the
credit. Military families will benefit from the bill, as they will now
be allowed to include combat pay when calculating the refundable child
credit. The plan also makes the child tax credit permanent.
Congresswoman Pryce
represents the Fifteenth District of Ohio, which includes Western
Franklin County, Madison, and Union Counties. She serves as Chairman of
the House Republican Conference for the 108th Congress, making her the
fourth ranking member of House leadership. The Congresswoman also
co-chairs the House Cancer Caucus.
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