GOP Digs $310 Billion Hole: Leaves Foster Children In It

April 29, 2014

Washington-- Today, the Ways and Means Committee, on which Rep. Lloyd Doggett (D) serves, voted to make permanent corporate tax breaks totaling $310 billion, while striking a provision that would have helped abused foster children find work, that cost about $1 million a year. Rep. Doggett stated:

“I am pleased that my Democratic colleagues rejected these tax breaks. Today, the Committee gave partisan approval for six unfunded corporate tax breaks that cost $310 billion dollars, but would not approve $1 million per year to help foster youth turned out on the street. The Republicans dig us deeper into an economic hole; foster children get left in it.

Creating a costly permanent tax loophole for controlled foreign corporations is wrong. I am objecting to this provision and another not just because they are unpaid for, I am objecting because they are not worth paying for.”

A link to Rep. Doggett’s remarks can be seen here.

Also, a letter of 50 national organizations urging our Committee not to renew and make permanent two tax breakscan be found here.