congressional_record: CREC-2025-05-29-pt1-PgE486-3
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| granule_id | date | congress | session | volume | issue | title | chamber | granule_class | sub_granule_class | page_start | page_end | speakers | bills | citation | full_text |
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| CREC-2025-05-29-pt1-PgE486-3 | 2025-05-29 | 119 | 1 | PROVIDING FOR CONSIDERATION OF H.R. 1, ONE BIG BEAUTIFUL BILL ACT | HOUSE | EXTENSIONS | ALLOTHER | E486 | E486 | [{"name": "Rosa L. DeLauro", "role": "speaking"}] | [{"congress": "119", "type": "HR", "number": "1"}] | 171 Cong. Rec. E486 | Congressional Record, Volume 171 Issue 91 (Thursday, May 29, 2025) [Congressional Record Volume 171, Number 91 (Thursday, May 29, 2025)] [Extensions of Remarks] [Page E486] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] PROVIDING FOR CONSIDERATION OF H.R. 1, ONE BIG BEAUTIFUL BILL ACT ______ speech of HON. ROSA L. DeLAURO of connecticut in the house of representatives Wednesday, May 21, 2025 Ms. DeLAURO. Mr. Speaker, I thank my colleague and good friend, the Ranking Member of the Rules Committee Jim McGovern. He is a tireless fighter for working families and I am proud to be in that fight with him. I am glad to call out the egregious giveaway to billionaires and big corporations being orchestrated in this Republican tax bill. The $4.5 trillion--and counting, counting because we do not have the full CBO score as this bill is being jammed through the House--is what we are talking about. That is what Republicans are preparing to shower on the richest companies and their billionaire owners, while giving mere pennies to the middle class, working class, and vulnerable families who are struggling with the cost-of-living crisis. President Trump campaigned on lowering prices. He pledged to ``bring food costs down on day one.'' Instead, the opposite has happened. His own USDA recently reported egg prices could rise 41 percent over the next year. Since taking office, he has done nothing to help families. This is shameful, because the alternative is clear. A few weeks ago, I reintroduced the American Family Act, legislation to reinstate the improved, expanded Child Tax Credit. The American Family Act would create the strongest version of the tax credit ever, indexing the value of the credit to inflation, and it would establish a baby bonus to help families in that critical first year after birth. The data proves that the expanded Child Tax Credit that we passed in 2021 delivered the greatest middle class tax cut in a generation, reaching nearly 36 million families--61 million children. It was the antidote to child poverty and to inflation. It gave real money back to millions of working families in the form of monthly checks, cutting child hunger by a fourth and bringing child poverty down to the lowest recorded levels in history. The watered-down imitation of a Child Tax Credit included in this bill will not continue this progress. I want to take this time to address a few misconceptions about the Child Tax Credit that have been present in this debate so far. According to the Columbia Center on Poverty and Social Policy, nearly one out of four children, 17 million children nationwide, are excluded from full credit because their family incomes are too low to qualify. This is not an issue of work requirements. The current version of the CTC functions as an income requirement, hurting families who work hard or are retired grandparents who are now caring for a second generation, but simply do not earn enough to qualify. Families with parents who work hard will be excluded because their wages are too meager. Are you truly saying that billionaires and corporations need tax breaks more than the youngest of your constituents? This bill would make that problem worse, not better. This bill pays lip service to the Child Tax Credit--I believe the American people need more than that. Our bill is the real deal. The improved, expanded Child Tax Credit fixes this problem. We need that now more than ever. Across the country, families are living paycheck to paycheck while prices for everyday goods and essential services, from eggs to gasoline to medicine and childcare, continue to rise. This should not be a partisan issue. Republicans like former Senator Mitt Romney, Senator Josh Hawley, and even Vice President J.D. Vance have supported the Child Tax Credit because the evidence that it helped families is so overwhelming. But Republican leadership in Congress has been clear: they want to give the corporate lobbyists everything they ask for and then some. They are gutting Medicaid, food stamps, and anything else that stands in the way of more money for billionaires. This bill is not responding to the cost-of-living crisis. This bill is pouring gasoline on the fire. My promise to American families is that I will fight as hard as I can, with every ally I can find, to stop this corrupt giveaway and focus on bringing down the cost of living through a proven policy, the expanded Child Tax Credit--not the meager substitute in this bill. ____________________ |