[Congressional Record Volume 170, Number 172 (Wednesday, November 20, 2024)]
[Senate]
[Pages S6649-S6650]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Paid Family Medical Leave
Mrs. FISCHER. Madam President, over the past few months, we heard
from both sides of the aisle about how American families need more
support. We have heard discussions about the child tax credit,
childcare costs, and dozens more issues that affect parents and their
children.
[[Page S6650]]
Earlier this year, Senator Vance summed up nicely what could be a
mission statement for Republicans to use on this issue. He said:
We want to provide more options so that people are raising
families in a thriving and happy way in this country.
Madam President, my colleagues and I are here today to talk about
Republican solutions. And I want to talk specifically about one
solution to the family leave problem that has not just Republican but
also bipartisan support.
Across America, only 27 percent of workers in the private sector have
access to paid family leave. The other three-fourths have to choose
between making ends meet and taking care of their families, whether
that is welcoming a newborn or nursing an aging parent. That is not a
choice that Americans should have to make.
My colleagues on the other side of the aisle have proposed a few
ideas to solve this problem. Some of them advocate for a new nationwide
government entitlement program, some advocate for a mandate that would
force businesses to pay out of pocket for their employees' leave.
Neither of those options is practical or politically realistic. Our
Nation is already trillions of dollars in debt and a mandate, well,
that would squash small businesses that simply don't have the resources
to survive while paying an employee who is not at work.
But there is a solution, a way to offer employees paid time off
without creating a new mandatory program or forcing businesses to
suffer huge losses. What I am talking about here are the mom-and-pop
businesses especially, Main Street businesses that maybe they have one
employee, two employees, maybe five.
And we have a solution. There is a way to offer employees paid time
off without creating a new mandatory program or forcing those small
businesses to suffer losses. We can provide tax benefits to businesses
that offer employees paid leave, which will, in turn, free up resources
that businesses can use to pay the salaries of their workers on leave.
This is a tried-and-true method. It works. I know because I have done
it before.
In 2017, Senator Angus King and I created the first nationwide paid
family leave policy in the history of the United States. We created a
tax credit for employers who voluntarily offer up to 12 weeks of paid
leave to their employees, and President Trump signed it into law. But
that tax credit is going to expire, and it is going to expire at the
end of 2025.
To ensure that businesses can keep offering paid leave, we need to
make sure that we make that credit permanent as well as make it easier
for businesses to qualify for it and to use it. So that is why Senator
King and I have, again, introduced the Paid Family Medical Leave Tax
Credit Extension and Enhancement Act. Our bill makes that credit
permanent, and it also expands it. It supports additional options for
financing paid leave, such as paid family leave insurance. It also
allows employers to begin offering paid family medical leave to workers
sooner after being hired.
Our bill also includes a strategy for educating businesses and
employees about the option to receive this credit so that more people
know about it. It requires the Small Business Administration and the
IRS to conduct targeted outreach and technical assistance for those who
need it, which will raise awareness of the credit and expand the number
of Americans who have paid leave.
This is a Republican solution, and it is one that everyone can get on
board with. It already has a track record of bipartisan support here in
Congress, and we have the perfect opportunity to pass this tax credit
yet again in the new year.
As my colleagues on the Finance Committee begin working on tax policy
for 2025 and onward, I would urge them to remember America's families;
remember how much they need access to paid family leave and remember
what they voted for this past November--an administration who will look
out for parents and for kids. We have a solution for America's paid
leave problem. It is just a matter of expanding it and enacting it.
I yield the floor.
The PRESIDING OFFICER. The Senator from Virginia.