DeLauro Statement on Proposed Tax Deal Framework

WASHINGTON, DC – Today, Congresswoman Rosa DeLauro (CT-03) released a statement in response to the possible tax deal framework that would include a provision on the Child Tax Credit.

“The expanded, monthly Child Tax Credit we passed in the American Rescue Plan provided unprecedented economic security for America’s middle- and working-class families. It lifted four million children out of poverty, cut hunger by over a quarter, and 98 percent of payments were sent successfully. I have said it is our most effective tool against rising costs. The deal that has been announced fails to improve the Child Tax Credit. Millions of children would be left in preventable poverty because of a policy choice, all while giant corporations who do not pay any taxes get a massive tax break.

“We need to extend the Child Tax Credit as we knew it under the American Rescue Plan, the quantifiably successful program that met its goals better than any other policy. The wealth gap continues to widen. Americans are living paycheck to paycheck and have not seen their wages increase in years. It is time to get to work moving policy that will actually improve their lives, not watered down policy for the sake of making a deal. Because of the way this deal is currently structured I am opposed and will vote no should it ever come to the floor for consideration.”