Washington, D.C. – House Republican Conference Chairwoman Elise Stefanik released the following statement following the passage of the Tax Relief for American Families and Workers Act. This bipartisan legislation provides for American families, cuts wasteful spending and delivers pro-growth policy to America’s working communities.
“Today, I proudly voted to extend President Trump’s pro-growth policies in a critical tax reform package that delivers conservative wins for working communities in Upstate New York, the North Country, and nationwide. This bipartisan legislation bolsters the financial security of working families, boosts American competitiveness, and cuts wasteful spending by eliminating COVID-era fraud-ridden programs and saving the American taxpayer billions of dollars. I applaud Chairman Jason Smith for getting this package across the finish line and delivering results for the American taxpayer.”
The Tax Relief for American Families and Workers Act includes the following provisions:
- Supports working families with an enhanced Child Tax Credit
- Expands innovation and competitiveness with pro-growth economic policies like R&D expensing
- Builds up Main Street by cutting red tape and rebuilds communities struck by disasters with tax relief
- Enhances the Low-Income Housing Tax Credit
- Eliminates fraud and waste by ending the Employee Retention Tax Credit program
