Top Democrat Says Passing Biden’s Mega-Spending Package Would ‘Bring Down Inflation’

‘People who are knowledgeable in this field believe that a number of the programs which are attached to the the Build Back Better initiative, and including the child tax credit, can help to bring down inflation’

(Via Just the News)

House Appropriations Committee Chairwoman Rep. Rosa DeLauro (D-Conn.) claims that the expanded federal child tax credit and passage of President Biden's stalled, multitrillion-dollar Build Back Better Act would help fight inflation.

Inflation has hit its highest level since 1982, according to the latest data.

Biden's $1.9 trillion American Rescue Plan included automatic, advance CTC payments, which are now expired. The legislation also expanded the CTC to qualify families without income for up to $3,600 per child. 

We have "lifted over 50% of children out of poverty, all while fighting inflation, which people are concerned about today," DeLauro told Just the News on a conference call during which she called for permanently expanding the CTC and retaining the automatic monthly payments.

Video files
Full
Compact
Audio files
Full
Compact
Similar stories
Donny Deutsch: Porn Star Report Would Bring Down Any Other President
Jim VandeHei: Republicans Have ‘Struggled to Come to a Unified Position’ on Healthcare
Trump: ‘If a Guy Like Biden Was President, They Would Knock Down the Jefferson Memorial’
Trump: ‘I Would Bring Back a Hell of a Lot Worse than Waterboarding’
Obama: ‘My Preference Is that We Would Bring Down Further Our Nuclear Arsenal’