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No Excuse

There is no excuse for this Republican delay.

Low-Income Child Tax Credit Must Wait, Republicans Say
Senate Republican leaders said today that because of the press of Medicare legislation, there would be no agreement with the House this month to increase the child tax credit for 6.5 million low-income families.
The announcement means that a final compromise on the credits, if one is reached, may not come until after the government begins sending checks of $400 a child to middle-class families.
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The checks, to be sent to about 25 million families, will be mailed starting the week of July 25. Because the House and Senate have been unable to reach agreement on how to proceed with the credits for low-income families, which were left out of the tax bill signed by President Bush last month, the checks for those families could not go out until mid-September at the earliest, Treasury officials have said.

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Filed under: Economics, Fiscal Policy, Policy, Politics

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