Legislative Update by Congressman Mike Ross
Poverty Hits Home
 
October 10, 2003
 
The Census Bureau recently released new poverty statistics for our country, and I’m disappointed to say that over the past three years, Arkansas had the highest average of people living in poverty.   

In our state, 18 percent of our working families earned incomes at or below the poverty level during the past three years.  For a family of three that’s $14,348.  For a family of four, that’s $18,392.  These are the families who would have been helped by extending the child tax credit. 

President Bush’s so-called economic stimulus, his tax cut, was supposed to create new jobs – when in fact, during the past month alone, 1200 workers in our district lost their jobs.  Those are 1200 hard working people with families who depend on their income to get by – now they’ve joined the millions of unemployed.

The tax cut for the wealthy is not helping these people, it is not helping the dozen businesses in our district that had to close this past month, and it’s not helping those families living in poverty who would have earned the child tax credit had Republicans supported our push to extend it.  It’s time we send economic relief where it will do the most good.   

It is simply wrong to enact a tax cut in the name of economic relief and not give that relief to hard-working families struggling to provide for their children.  I want you to know that we are still fighting to extend the child tax credit to working families with an income between $10,500 and $26,625 per year.  While I voted against the overall tax cut, I have always supported extending the child tax credit because it helps families who need it most.  


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