Tax Credit

U.S. Congress

•

30 days

Summary

members
28
Narrative Items
35
Bottom Line Up Front

28 members in U.S. Congress are amplifying 35 narrative items relating to the narrative of tax credits and financial support aimed at enhancing economic mobility for families. These initiatives, including the CalEITC and various bipartisan bills, connect through their shared goal of providing financial relief and promoting stability for low- and middle-income households.

Reviewing a number of the most relevant narrative items indicates that media sources are portraying recent tax credit initiatives with varied emphasis and tonal nuance. For instance, Nanette Barragan (D-CA) and Michael Bennet (D-CO) present the California Earned Income Tax Credit and Get Ahead Colorado campaign positively, highlighting their potential to boost economic mobility and enhance the quality of life for working families through generous tax refunds. Conversely, Clay Higgins (R-LA) takes a negative stance, framing the reintroduction of his bill as a necessary measure to prevent illegal immigrants from accessing taxpayer-funded benefits, using loaded phrases like "block illegal immigrants," which stirs emotions and could signal a partisan bias. Notably, bipartisan initiatives such as the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act and the New Markets Tax Credit Extension Act, presented by Deb Fischer (R-NE) and Mark Warner (D-VA) respectively, are discussed with a neutral tone, focusing on their potential for economic improvement and job growth, devoid of negative language. The coverage across these different outlets highlights a clear division in how various political affiliations frame economic policies, showcasing both positive advancements and pointed criticisms regarding eligibility and access based on citizenship status.

About This Module

The U.S. Congress module tracks the official blogs, video channels, and social media accounts of all United States senators and representatives.

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Members

Members by Type
Members of these types represent most of the amplification activity around this narrative
members by Volume
These members are amplifying the most items involved in this narrative. Click to see details of each member's narrative activity.
Top members
Day-by-day volumetric activity of members amplifying the most items around this narrative
Burgess Owens (R-UT)
9% of the items in this brief were amplified by this member.
Deb Fischer (R-NE)
6% of the items in this brief were amplified by this member.
Michael Bennet (D-CO)
6% of the items in this brief were amplified by this member.
Adrian Smith (R-NE)
6% of the items in this brief were amplified by this member.
Jared Golden (D-ME)
6% of the items in this brief were amplified by this member.
Mike Thompson (D-CA)
6% of the items in this brief were amplified by this member.
Bill Cassidy (R-LA)
3% of the items in this brief were amplified by this member.
John Cornyn (R-TX)
3% of the items in this brief were amplified by this member.
Catherine Cortez Masto (D-NV)
3% of the items in this brief were amplified by this member.
Ron Wyden (D-OR)
3% of the items in this brief were amplified by this member.
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Top Items

These narrative items are the most relevant and/or the most amplified. Click to see details and suggested messages.
Amplifiers:
Nanette Barragan (D-CA)
caleitc4me.org
CalEITC cash-back tax credit - CalEITC4Me
The California Earned Income Tax Credit (CalEITC) offers a tax credit to working Californians, potentially leading to a larger refund or reduced tax bill. Parents with children under 6 years old may also be eligible for an additional Young Child Tax Credit of up to $1,117.
Amplifiers:
Michael Bennet (D-CO)
getaheadcolorado.org
Tax Credit Calculator — Get Ahead Colorado
Colorado's Get Ahead Colorado campaign promotes free tax filing resources to help residents claim Earned Income Tax Credits, Child Tax Credits, and others. These credits boost economic mobility and improve health and educational outcomes for families.
Amplifiers:
Donald Norcross (D-NJ)
irs.gov
How to claim the Earned Income Tax Credit (EITC) | Internal Revenue Service
To claim the Earned Income Tax Credit (EITC), file Form 1040 (or 1040-SR) with Schedule EIC (if applicable). Refunds are delayed until mid-February, but faster processing is available via online filing and direct deposit. You can claim EITC for past years within three years of the tax return's due date; file an amended return (Form 1040-X) if eligible but not claimed. Tax assistance is available.
Amplifiers:
Deb Fischer (R-NE)
acli.com
Senators Fischer and King Introduce PFML Tax Credit Extension and Enhancement Act 
Senators Fischer and King introduced the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act. This bipartisan bill aims to aid employers, regardless of size, in providing paid family and medical leave benefits to their employees.
Amplifiers:
Mike Thompson (D-CA)
transportationtodaynews.com
Short line railroads would receive increased tax credit under new bill - Transportation Today
A bipartisan bill (H.R. 516) aims to boost the 45G tax credit for short line railroads from $3,500 to $6,100, facilitating maintenance and improving service in rural communities. This increase, supported by industry leaders, is intended to leverage private investment and enhance economic growth in underserved areas.
Amplifiers:
Deb Fischer (R-NE)
nationalace.org
Why the 45S Tax Credit Matters for Small Businesses and Their Employees — National ACE
The 45S Employer Tax Credit, a bipartisan incentive from the 2017 Tax Cuts and Jobs Act, helps small businesses offer paid family and medical leave. Supported by numerous small business organizations, its permanence is being debated in Congress, offering crucial stability and predictability for businesses and employees.
Amplifiers:
Michael Bennet (D-CO)
chalkbeat.org
Here’s what you need to know about a new Colorado tax credit for families with children
Colorado's new Family Affordability Tax Credit offers up to $3,200 per child (under 6) and $2,400 (ages 6-16) to lower-income families. This surpasses the existing child tax credit and aids families with older children. Eligibility is income-based, and the credit is refundable, even if no taxes are owed. Online calculators and assistance programs are available to help families determine eligibility and file.
Amplifiers:
Mark Warner (D-VA)
warner.senate.gov
Warner, Daines Introduce Legislation to Boost Job Growth, Support Virginia Communities
Sens. Warner and Daines introduced the New Markets Tax Credit Extension Act to permanently extend the NMTC program. This program provides a 39% tax credit for private investments in low-income communities, boosting job growth, redevelopment, and affordable housing nationwide. The bill enjoys bipartisan support and has generated significant private investment over the past two decades.
Amplifiers:
Bill Cassidy (R-LA)
cassidy.senate.gov
Cassidy, Booker Introduce Legislation to Combat Skyrocketing Flood Insurance Premiums, Give Americans Relief | U.S. Senator Bill Cassidy
Senators Cassidy and Booker introduced the Flood Insurance Affordability Tax Credit Act to offer a 33% refundable tax credit to low- and middle-income households facing soaring flood insurance premiums due to FEMA's Risk Rating 2.0. The bill aims to provide relief and encourage continued enrollment in the National Flood Insurance Program.
Amplifiers:
Clay Higgins (R-LA)
clayhiggins.house.gov
Higgins Reintroduces Legislation to Strengthen Tax Code, Block Payments to Illegal Migrants - Congressman Clay Higgins
Congressman Higgins reintroduced the Safeguarding American Workers’ Benefits Act, blocking illegal immigrants from claiming federal tax credits like the Child Tax Credit and Earned Income Tax Credit. The bill, supported by Senator Hyde-Smith, aims to save taxpayers $27.8 billion over ten years by ensuring these benefits go only to legal workers.
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Entities

Tap or click for details
These entities are mentioned most frequently in the narratives highlighted in this brief. Click to see details of narrative activity related to each one.
People
Senator Fischer
Introduced the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act.
Senator King
Co-introduced the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act.
Senator Warner
Introduced the New Markets Tax Credit Extension Act.
Senator Daines
Co-introduced the New Markets Tax Credit Extension Act.
Senator Cassidy
Introduced the Flood Insurance Affordability Tax Credit Act.
Senator Booker
Co-introduced the Flood Insurance Affordability Tax Credit Act.
Congressman Higgins
Reintroduced the Safeguarding American Workers’ Benefits Act.
Senator Hyde-Smith
Supported the Safeguarding American Workers’ Benefits Act.
People
Senator Fischer
Introduced the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act.
Senator King
Co-introduced the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act.
Senator Warner
Introduced the New Markets Tax Credit Extension Act.
Senator Daines
Co-introduced the New Markets Tax Credit Extension Act.
Senator Cassidy
Introduced the Flood Insurance Affordability Tax Credit Act.
Senator Booker
Co-introduced the Flood Insurance Affordability Tax Credit Act.
Congressman Higgins
Reintroduced the Safeguarding American Workers’ Benefits Act.
Senator Hyde-Smith
Supported the Safeguarding American Workers’ Benefits Act.

Context

The California Earned Income Tax Credit (CalEITC) and Colorado's Get Ahead Colorado campaign reflect broader efforts to enhance economic mobility and support low-income families in the U.S. These initiatives are particularly significant in states with diverse demographics, where many families face economic challenges. The CalEITC, which provides tax credits to working Californians, is designed to alleviate poverty and improve health and educational outcomes, especially for families with young children.

Demographically, both California and Colorado have substantial populations of low-income households, many of whom are single-parent families. The Young Child Tax Credit further supports these families, recognizing the additional financial burdens of raising young children. The economic implications are profound, as these credits can lead to increased disposable income, stimulating local economies.

Politically, the bipartisan support for various tax credit initiatives, such as the Paid Family and Medical Leave Tax Credit Extension and the New Markets Tax Credit Extension Act, indicates a growing recognition of the need for social safety nets. These measures aim to provide stability for families and small businesses, particularly in underserved areas, enhancing overall economic resilience.

Geographically, the focus on rural communities through the 45G tax credit for short line railroads highlights the importance of infrastructure in economic development. Improved transportation can facilitate access to markets and services, which is crucial for rural economies.

National security considerations also come into play, as economic stability is linked to social cohesion and reduced crime rates. By addressing the financial needs of low- and middle-income families, these tax credits contribute to a more stable and secure society, ultimately benefiting the nation as a whole.
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