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 the Pasco County Sheriff Chris...
U.S. Senator Marco Rubio (R-FL) met with Cedar Key residents and homeowners who were impacted by Hurricane Helene. Rubio then met with members of the aquaculture industry to discuss the impact multiple hurricanes have had on the industry. Photos are courtesy of...
U.S. Senator Marco Rubio (R-FL) visited the Taylor County Emergency Operation Center (EOC) and Keaton Beach, an area highly impacted by Hurricane Helene. Photos are courtesy of Senator Rubio’s office. Senator Rubio meets with Taylor County Sheriff Wayne Padgett....
After making landfall as a Category 4 storm, Hurricane Helene caused catastrophic damage along Florida’s Gulf Coast. It’s crucial for Floridia’s farmers to receive the necessary resources for recovery. U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and...
U.S. Senator Marco Rubio’s (R-FL) office will host a two day in-person event 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...
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) today joined Special Advisor to the President Ivanka Trump, Senators Tim Scott (R-SC) and Mike Lee (R-UT), and several members of the Senate and House to discuss the need to provide tax relief for working American families by expanding the child tax credit in tax reform.
Last week, the Senate unanimously voted to include the Rubio-Lee child tax credit amendment in its budget resolution. Rubio recently released an analysis showing this credit remains the best way to provide meaningful tax relief for working American families. The policy proposal, which is supported by Ivanka Trump, has garnered significant attention and praise from commentators and experts.
A partial transcript of Rubio’s remarks is below.
RUBIO: I just wanted to say about that one – when Senator Lee and I first worked on [expanding the child tax credit], it was at $2,500. So we are very open-minded people, willing to compromise. But $2,000 is actually a real number. The number matters. Here’s why. If you look at what the tax code was when it was expanded in 2003 to today, it’s lost about $300 of value just on inflation. And then when you look at how we are treating the personal exemption, that’s about another $500. So in essence, unless you get to — $1800 is like the break event point. So it’s got to be more than $1800 to matter. And, of course, the refundability portion is critical because for the vast majority of people that we are trying to help, their primary tax that they pay is payroll tax. So if you don’t include the payroll tax refundability, you’re not helping the people you’re targeting, certainly not most of them. That’s why the $2,000 is important – it’s actually not a very negotiable number because anything less than that doesn’t really achieve the goal. So that’s why, I know they are still working through the details, but if we want to make it meaningful and make it count, it’s going to be at or near that number – maybe even higher. But obviously that’s the number we’ve aimed at, the $2,000.
Photo courtesy of Senator Rubio’s office.