Watch the Full Interview HERE
Denver – Colorado U.S. Senator Michael Bennet appeared yesterday on MSNBC’s Alex Witt Reports to discuss the Child Tax Credit (CTC) expansion and investing in the American people. In March, President Joe Biden signed into law a one-year expansion of the CTC, based on Bennet’s American Family Act, in the American Rescue Plan Act. In his American Families Plan announced last week, Biden backed permanent, full refundability of the CTC and an extension of the CTC increases through 2025, as well as committed to working with Congress to make the expanded CTC permanent.
Bennet continues to work with the administration and his colleagues in Congress to ensure any final plan includes making the entire CTC expansion permanent.
Bennet on making the expanded CTC permanent:
“I think we’ll find a way to make it permanent. This is the most progressive tax change we’ve made in our country in generations. It’s going to benefit 90% of America’s kids and it’s going to cut childhood poverty in half this year. So I’m very pleased Joe Biden has included it in his plan, but I think we can do even better by making it permanent.”
Bennet on why investing in America and the American people is critical:
“It is time for us to invest in our people. It’s time for us to invest in our infrastructure as global competitiveness requires it, the Chinese government’s march across the world requires it, climate change requires it, advancing technologies require it, and the American people want us to do it. These proposals are broadly popular across the country, even if the Washington Republicans can’t quite figure that out, and I hope Joe Biden and Kamala Harris not only go to blue parts of this country, but go to red parts of this country and demonstrate how much better the Biden tax cut is for rural America than the Trump tax cut was for the wealthiest Americans in the country. That’s the argument we should be having, and I think it’s the argument we can win.”
Watch the full interview HERE.