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2003-05-30

President Bush Signs Tax Law that Excludes Some of the Country’s Poorest Families from Receiving Child Tax Credit

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We speak with the director of the Center on Budget and Policy Priorities, the watchdog group that discovered how House and Senate leaders excluded these families at the last minute.

On Wednesday, President Bush signed into law the third tax cut in three years.

Bush signed the bill in the East Room of the White House, among gilded mirrors, and chandeliers, and in front of dozens of cameras and hundreds of lobbyists, aides and taxpayers.

He claimed the measure will create jobs and give money back to working people.

But after studying the bill approved last Friday, the Center on Budget and Policy Priorities and child advocacy groups discovered that some of the country’s poorest families, families who make just above the minimum wage, will not receive the kickback.

  • Bob Greenstein, executive director of the Center on Budget and Policy Priorities

Link:

Center on Budget and Policy Priorities

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