OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Child Tax Credit

Floor Speech

By: Ted Lieu
By: Ted Lieu
Date: July 20, 2021
Location: Washington, DC
Issues: Taxes

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Mr. LIEU. Madam Speaker, 5 days ago, millions of American families with children received Child Tax Credit refunds deposited directly into their bank account. This is hundreds of dollars that they could use for childcare expenses, to put gas in their cars to go to work, and to help fuel our economy.

This is going to happen again next month, and again in the middle of September. And these payments go out again the middle of October, and again the middle of November, and again the middle of December. This is critical lifesaving money. These are tax cuts directly to the American people.

And how did this happen? It happened because every Democrat voted for the Child Tax Credit. Every Republican voted ``no.'' We want to give Republicans another chance at this. We are going to try to make this Child Tax Credit permanent. We want this tax cut to the American people permanent, and the contrast could not be clearer. When Democrats are in control, we give tax cuts to the middle class.

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