New Democrat Coalition Chair Statement on Child Tax Credit
Today, New Democrat Coalition (NDC) Chair Suzan DelBene (WA-01) issued the following statement on the enhanced Child Tax Credit (CTC), one of the Coalition’s top priorities in reconciliation:
“President Biden and NDC Members ran and won on rebuilding the American middle-class, and the enhanced Child Tax Credit is a cornerstone of the President’s Build Back Better economic agenda. Through the American Rescue Plan Act, we delivered a historic tax cut that has empowered 36 million middle-class and lower-income families, and is currently benefitting nearly 90 percent of children in the United States.
“The New Democrat Coalition has been clear from the start of the reconciliation process that the Build Back Better Act must extend this vital, middle-class tax cut through at least 2025 and keep full refundability to grow our economy and give families the financial security and long-term certainty they need. Scaling back or limiting the accessibility of this critical pillar of President Biden’s agenda would hurt middle-class families and our children’s futures.
“New Dems are the majority makers in the House, and it is our constituents who would be left behind if this enhanced Child Tax Credit is not fully extended. To continue advancing the President’s agenda, New Dems are focused on doing a few things better for longer in order to deliver tangible, immediate results for Americans. New Dems would have serious concerns with any changes that undermine the success of this historic opportunity for families.”
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