[Congressional Record Volume 149, Number 85 (Wednesday, June 11, 2003)]
[House]
[Page H5179]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
EXPANDING THE CHILD TAX CREDIT
(Mr. PALLONE asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. PALLONE. Mr. Speaker, for the last few days the Democrats have
been demanding that the Republicans bring up the child tax credit and
extend it for lower-income working families. The Senate passed this
bill. It is time for the House to bring it up. What do we hear today?
What have the House Republicans done? Basically what they have done is
to take this very small amount of money, $3.5 billion that will pay for
these 12 million kids to get their child tax credit, and they have now
expanded it, they are not paying for it and they are trying to cover
and pay $82 billion for an expanded tax break for wealthier
individuals.
Why is it that we cannot just take up the Senate-passed bill, give
these 12 million kids and their parents a tax break that they deserve,
and instead we are holding this bill hostage so that we can have more
tax breaks for wealthier people and deal with other tax issues that are
not germane to these 12 million kids? I resent the fact that the House
Republicans are now holding this bill hostage, holding these working
families hostage to try to expand tax cuts for other people and
wealthier individuals.
____________________