Hurricane Helene made landfall as a Category 4 storm, causing catastrophic damage along Florida’s Gulf Coast. It’s crucial for the federal government to expedite state-requested resources and authorize key policy flexibilities in order for Floridians to make a swift...
U.S. Senator Marco Rubio’s (R-FL) office will host two in-person events to assist constituents affected by Hurricane Helene and help navigate applications for FEMA assistance. Food, water, and additional resources will be available at the events. Event...
U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
Following the impacts of Hurricanes Helene and Debby, some local governments in Florida face looming budget shortfalls that could disrupt disaster recovery efforts. If these local governments receive reimbursements for past hurricanes from the Federal Emergency...
Following Hurricane Helene’s catastrophic path through northwest Florida, U.S. Senator Marco Rubio (R-FL) met with local officials and volunteers from Citrus County. Senator Rubio also met with small business owners impacted by the storm. Photos are courtesy of...
Following Hurricane Helene’s catastrophic damage, U.S. Senator Marco Rubio (R-FL) met with first responders, local officials, and volunteers in Pasco County. Photos are courtesy of Senator Rubio’s office. Senator Rubio meets with Pasco County Sheriff Chris Nocco...
“Simply put, our current tax code is a cumbersome overbearance to hard working Americans. Its confusion and complexity devour more resources of hardworking taxpayers each and every year. Proposals such as ours will help simplify our complicated tax code and alleviate some of the burden, while still providing millions of Americans access to higher education and important job skills training.”
One tax incentive for higher education
By Senator Marco Rubio and Representative Aaron Schock (R-IL)
The Hill
July 8, 2013
http://thehill.com/blogs/congress-blog/education/308953-one-tax-incentive-for-higher
We both worked hard at a young age to be able to attend institutions of higher learning. While we both aspired to attend college, what we didn’t dream about was how we would ever afford it. Whether it was working long hours after school to save enough money or accessing the support network available to millions of prospective students through student loans, Pell grants and tax relief, we both found a way to make it work.
Unfortunately, shrinking household budgets, soaring federal deficits and funding streams run dry are jeopardizing this support system. One of the biggest problems is the temporary and confusing nature of our tax code, coupled with an antiquated Pell grant funding mechanism which can’t keep up with the current level of student need.
To address this uncertainty and confusion, we introduced legislation in June to condense, streamline and make permanent one tax incentive for higher education. Under our proposal, students or parents will no longer need to navigate a maze of different temporary tax provisions worth varying amounts and alternative income thresholds to determine what they qualify for. Instead our solution offers one credit for higher education for those most in need. Our credit is designed specifically for those who are within 500 percent and below of the poverty level and gets rid of specific stimulus “add-ons” our country can no longer afford.
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