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The Progressive

NewsWire

A project of Common Dreams

For Immediate Release
Contact:

Karl Frisch, 202-580-5813

Report: 92% of Maine Children Would Benefit From Expanded Child Tax Credit That Rep. Golden Is Holding Up

Government watchdog Accountable.US released a new analysis finding that the expanded Child Tax Credit in the Biden Build Back Better plan would benefit approximately 92

WASHINGTON
Government watchdog Accountable.US released a new analysis finding that the expanded Child Tax Credit in the Biden Build Back Better plan would benefit approximately 92% of Maine children - and that at most 3.3% of households in Rep. Jared Golden's district would be affected by the plan asking the wealthiest Americans and billion-dollar corporations to pay their fair share in taxes. It comes as Rep. Golden is holding up the reconciliation process over 'concerns' that largely mirror those of corporate special interests that prefer to maintain the broken status quo at the expense of working families.

"With so many families struggling to get back on their feet and get ahead in the middle of the ongoing pandemic, it's critical that lawmakers like Jared Golden not lose perspective on who really needs help," said Kyle Herrig, president of Accountable.US. "Rep. Golden has an opportunity to deliver tax relief to virtually every family in Maine with the stronger child tax credit. It makes no sense economically to hold hostage real help for families just to protect tax breaks for a tiny, wealthy minority -- and the public strongly agrees. The rich can afford to pay a fairer share in taxes, but many families in Maine can't afford to lose out on this commonsense tax relief."

Poll after poll has shown voters overwhelmingly support the major provisions of the Biden Build Back Better agenda, including a huge bipartisan majority that support the pay-fors in the budget reconciliation plan.

Accountable.US also released a report this week finding that in August 2021 alone, the Democrats holding up the reconciliation process, Sens. Sinema, Manchin, and U.S. Reps. Cuellar, Gonzalez, Gottheimer, Schrader, Murphy, banked over $150,000 in campaign donations from corporate interests -- including those that are helping lead business groups opposing the bill.

Accountable.US is a nonpartisan watchdog that exposes corruption in public life and holds government officials and corporate special interests accountable by bringing their influence and misconduct to light. In doing so, we make way for policies that advance the interests of all Americans, not just the rich and powerful.