SCHAKOWSKY: BUSH ADMINISTRATIONS MISSTATEMENT OF THE DAY CHILD TAX CREDIT
November 3, 2003
JANUARY 7, 2004
SCHAKOWSKY: BUSH ADMINISTRATION'S MISSTATEMENT OF THE DAY -
CHILD TAX CREDIT
WASHINGTON, D.C. - U.S. Representative Jan Schakowsky (D-IL) issued today's "Bush Administration's Misstatement of the Day" on the child tax credit.
In a speech today to the U.S. Chamber of Commerce, U.S. Treasury Secretary John Snow said:
"Taxpayers with children received an immediate boost from rebate checks of $400 per eligible child sent out in July and August." (Sec. Snow, 1/7/04)That is not true. Twelve million children from 6.5 million families did not receive the child tax credit. Republicans removed a provision that would have provided an increase in the child credit to working and military families making between $10,500 and $26,625 during final closed-door negotiations on the $350 billion tax bill signed by President Bush.