to keep Trump-era tax breaks that are set to expire in 2025. But the congressman agrees with his colleagues across the aisle on the benefit and remains hopeful the expansion could make its way into the final tax package.
"The Child Tax Credit provides meaningful tax relief for many working American families," Fitzpatrick, a member of the House Ways and Means Committee told"I am optimistic that both sides of the aisle can work together to achieve a fair compromise on this issue and reach a solution that will support working families while ensuring that the credit is fiscally sustainable for the long-term," the Pennsylvania Republican, who has previously vowed to keep the conversation alive...
Rep. Brian Fitzpatrick speaks at an event on Capitol Hill in Washington, D.C., on November 19, 2019. Fitzpatrick says he's"optimistic" that Americans will receive more direct payments at the federal level.For six months during the COVID pandemic, the federal government gave parents up to $300 a month per child, payments that are credited with cutting child poverty by as much as 30 percent.
Another poll conducted by Reuters/Ipsos in 2021 also found that the policy was supported by 75 percent of Democrats and 41 percent of Republicans. The same poll showed Presidentwith an 11 percent approval among Republicans, suggesting that while the Democratic commander-in-chief wasn't popular, his tax policy was.
While Fitzpatrick may be arguably the most vocal supporter of a child tax credit in the House GOP, other Republicans have suggested that they'd be open to bringing the direct payments back if it's whittled down to fit the package. The Congressional Budget Office has estimated that permanently extending the COVID-era version of the tax benefit would cost the government $105 billion a year.