Some members of Congress are poised to protect increased defense spending by cutting money from aid to the poor, including low-income immigrant families.
Tomorrow, the House of Representatives will take up a sweeping budget conciliation package that would slash $333 billion from the federal deficit over the next 10 years, largely by cutting money from domestic programs, including assistance to the poor.
LIRS is deeply concerned that one of the budget cuts is targeted at an effective program that protects low-income immigrant families. Included in the budget bill is a measure that would cut $7.6 billion from the Additional Child Tax Credit (ACTC) fund. It would eliminate the child tax credit for individuals who pay taxes through the use of an individual taxpayer identification number (ITIN), an alternate way to pay taxes for people who lack a Social Security number. ITIN filers contribute far more to Social Security and Medicare funding than the money they receive back in tax credits.
The ACTC offers annually up to a $1,000 tax break to 35 million families to help them with the costs of raising children and to reduce child poverty. Putting money back into the pockets of a low-income household makes an immense impact in terms of helping families pay their bills and put food on the table. In 2009 the program helped lift 2.3 million people, including 1.3 million children, above the poverty line.
Congress should reject efforts to place significant burdens on low-income immigrant families. Visit the LIRS Action Center today to ask your members of Congress to oppose restrictions to the child tax credit!
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