[Congressional Record Volume 167, Number 114 (Wednesday, June 30, 2021)]
[House]
[Page H3314]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  A TAX CUT FOR WORKING-CLASS FAMILIES

  (Mr. PANETTA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. PANETTA. Madam Speaker, the child tax credit is a tax cut for 
working-class families.
  By passing the American Rescue Plan, we enhanced, and we advanced 
this tax cut, so that if you are a parent that works or a parent that 
cares for children, you will get a tax cut.
  We enhanced this tax cut so that per year working-class families will 
receive up to $3,600 for each child under 6 and $3,000 for each child 
under 18.
  We advanced this tax cut so that working class families will get this 
benefit starting July 15.
  Now, in my district on the central coast of California, the tax cut 
will benefit over 150,000 children and lift 15,000 children out of 
poverty.
  Working-class parents from the central coast to the center of America 
can use this support to provide healthcare, childcare, and daycare for 
their kids so that those same parents can continue to work, or better 
yet, get right back into the workforce.
  Madam Speaker, the child tax credit will not only help us recover 
from the economic shutdowns of the pandemic, it is a tax cut that will 
lift parents out of poverty, reward working-class families, and really 
represents what we stand for as a Nation.

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