Expressing the Sense of Congress That A Carbon Tax Would Be Detrimental to the United States Economy

Floor Speech

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Mr. DAVIS of Illinois. Mr. Speaker, I rise to oppose this love letter to Big Oil.

The Republicans' myopic focus on extreme policies has undermined our ability to enact broader tax reforms to support Americans.

Rather than pushing this propaganda against green energy and climate change, Congress should be focused on advancing tax policies that support children, families, workers, and businesses.

Above all, Congress should be focused on restoring the 2021 child tax credit that halved child poverty in 1 year. The progress we made in 2021 shows that we can slash child poverty when we have the political will to do so.

Congress should restore the 2021 child and dependent care tax credit that gave up to $8,000 to working parents for childcare costs for two or more children, which was much better than the current maximum of 2,100.

Congress should restore the 2021 earned income tax credit that helped foster and homeless youth, as well as single workers from being taxed into poverty.

Congress should remove income as a barrier to adoption, restore the above-the-line charitable deduction to help nonitemizers and support the amazing charities that support our communities, enact critical improvements to the low-income housing tax credit, and help cost- burdened renters by implementing a refundable renter's tax credit.

Workers, families, and businesses need our help. Today's resolution represents hollow extremist talking points and lacks the political will to cut child poverty in half. Every day we delay action, poverty poisons the futures of millions of children.

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