Poverty’s the priority
While many families in our community are struggling and 14.5 percent of Americans live in poverty, many in Congress are pushing costly new tax cuts for the wealthy while ignoring the needs of working families.
This latest data shows one in five American children live in poverty, but this summer the House of Representatives passed an expansion of the Child Tax Credit for upper-income families while removing this critical support for millions of low-income children and their families. This comes on top of proposals for nearly $600 billion in new tax breaks for corporations.
Meanwhile, improvements to the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) for millions of low-income working families are set to expire. If this happens, 12 million Americans, including 7 million children, will fall into poverty or deeper into poverty.
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I urge members of Congress to make ending poverty in the U.S. a central part of their platforms, and support specific policies that foster economic mobility by protecting and expanding the Earned Income Tax Credit and Child Tax Credit for low-income working families. This latest data reminds us there is more to be done to end poverty in America, and it’s time those that represent us make it a priority.