[Congressional Record Volume 156, Number 156 (Thursday, December 2, 2010)]
[House]
[Page H7857]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ADOPTION TAX CREDIT
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. WILSON of South Carolina. Mr. Speaker, there is a great debate
over the January 1 tax increases of over $2,000 annually per family. I
strongly believe we need to extend tax relief for all Americans to
create jobs, and I hope that the bipartisan issue of the adoption tax
credit is also quickly extended.
While extremely rewarding, the adoption process may be expensive,
often pricing out hardworking individuals and couples. To help keep the
dream of parenting alive, Congress originally passed, and President
Clinton signed, a $5,000 tax credit per adoptive family. A great
success, this credit was later increased to $10,000. Today, however, we
are facing a looming deadline that threatens this financial incentive
and compromises the ability of average American families to adopt.
I urge Speaker Pelosi to immediately schedule a vote on H.R. 213, the
Adoption Tax Relief Guarantee Act of 2009, before the adjournment of
the 111th Congress. When it comes to the adoption process, lawmakers
should work to advance the dream of a family.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
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