Vice Chairman of the Senate Select Committee on Intelligence Marco Rubio (R-FL) delivered opening remarks and questioned witnesses at a hearing on countering China’s influence in the United States. Watch Rubio’s opening remarks here as well as Part I and Part II of...
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Foreign investment is one of the legal means that adversaries, like China, can use to collect Americans’ data, exasperating both privacy and national security risks. To counter this, U.S. Senators Marco Rubio (R-FL) and Raphael Warnock (D-GA) reintroduced the...
U.S. Senator Marco Rubio (R-FL) joined Special Report with Bret Baier to discuss the impending government shutdown, the possibility of a Saudi-Israeli normalization deal, and the indictment of Senator Bob Menendez (D-NJ). See below for highlights and watch the full...
The U.S. Department of Homeland Security (DHS) announced three additions to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. These are the first additions by the Biden Administration since June. U.S. Senator Marco Rubio (R-FL), author of the bipartisan...
Congress should think before it regulates AI U.S. Senator Marco Rubio (R-FL) September 26, 2023 Washington Times To prevent next-generation computer programs from wreaking havoc on American society, [some members of Congress want] to enact comprehensive regulation at...
Washington, D.C. — Today, U.S. Senators Marco Rubio (R-FL) and Mike Lee (R-UT) released statements after the Tax Foundation’s report on 2018 tax return data showed the positive impact the expanded Child Tax Credit (CTC) had for millions of American families. Their efforts secured a provision in the Tax Cuts and Job Act of 2017 that doubled the CTC from $1,000 to $2,000, expanded eligibility, and increased the refundability of the CTC from $1,100 to $1,400. The data from 2018 tax returns makes it clear the benefits of this effort. The number of people who received the CTC doubled, benefiting American families in every income bracket, with the exception of top income earners.
“There is no greater job than being a parent, but the cost of raising a family in the 21st century has become an obstacle for too many working Americans,” Rubio said. “You cannot have a strong country without strong families. Our successful push to double and expand the child tax credit provided significant tax relief to more working moms and dads across the country, and this new data shows it. I was proud to partner with Senator Mike Lee, Ivanka Trump, and members of the pro-family coalition on this important effort.
“As I said during the tax reform process: this is only the beginning,” Rubio added. “We must continue our work to orient our economic policies toward stable and prosperous families, including by further expanding the child tax credit and enacting a program for paid family leave.”
“Doubling the child tax credit delivered immediate and significant tax relief to the Americans who needed it most: working moms and dads,” Lee said. “Twice as many parents took the credit in 2018 as did before our reforms. Families in every income bracket below the super-rich saw the value of the child credit more than double, and the greatest beneficiaries were middle class families.
“I once again commend the president, Marco Rubio, Ivanka Trump, and the rest of the coalition fighting for family tax reform. In light of this great news, Republicans should start working to increase the child credit again as soon as possible.”