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Saturday, June 15, 2024

Watch a Republican senator get owned on little one care funding Specific Instances

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A Senate subcommittee listening to on post-pandemic little one care was held final week, that includes consultants who detailed how little is being finished to guard kids from starvation, poverty, crime, poor well being outcomes, and dying.

One of many consultants was Kathryn Anne Edwards, a labor economist. When pretend-folksy elitist Republican Sen. John Kennedy of Louisiana had his probability to query the panel, he made a giant present out of that acquainted conservative speaking level: We’d love to assist, however how will we ever pay for it? He directed the query at Edwards, who gave him a heavy-duty dose of actuality:

”The vast majority of federal income comes from taxes, so for those who want more cash, you will have to lift taxes. I am going to remind you, sir, that now we have had two huge trillion-dollar tax cuts previously 20 years, they usually have finished nothing to make little one care extra inexpensive. They’ve finished nothing to assist the casualty in property insurance coverage that you just have been speaking about at the moment.

They haven’t been invested in kids. We have now not seen that return. I imply, the 2001 tax cuts have now had 22 years to show that they may remedy the social points that you just and your fellow senators say are a precedence. And I do not suppose we may level to proof to say that they’ve labored. I’d love so that you can give little one care 20 years.

I’d love so that you can say, ‘Let’s take twenty years of runway, make investments it in younger kids, and see what sort of return that I may get.’ However we have by no means given kids or the kid care sector as a lot runway as we have given taxes. And I am going to remind you that the property tax exemption proper now could be $13 million.”

In response, Kennedy half-heartedly mentioned, “Properly, let me say thanks for the trustworthy reply—increase taxes.” He then tried to faux he hadn’t simply taken the most important L in latest subcommittee listening to reminiscence.

The Republican Social gathering has had one single coverage treatment that they’ve efficiently enacted a couple of occasions over the previous 40-odd years: tax breaks benefiting the wealthiest Individuals. Their latest coverage provides are the identical—extra company welfare within the type of tax breaks for the wealthy. The outcomes are clear to everybody apart from the highest 1%.

Signal the petition: Baby poverty has doubled. Restore the kid tax credit score.


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