Seeing Congress unify on an issue of substantial importance that also enjoys bipartisan backing, especially one that champions pro-life and pro-family values, is exceptionally uncommon. The Tax Relief for American Workers and Families Act of 2024 epitomizes this rare instance of consensus.
Under the leadership of Chairman Jason Smith, the House Ways and Means Committee gave its overwhelming endorsement to the bill, securing votes from every Republican and all but three Democrats. Speaker Johnson's decision to fast-track the bill for a vote, resulting in a commanding approval of 357-70 at January's close, deserves applause. The bill's journey now continues to the Senate, where its outcome remains uncertain.
A diverse coalition of organizations, encompassing the National Association of Evangelicals, the National Council of Churches, the United States Conference of Catholic Bishops, the National Latino Evangelical Coalition, National Hispanic Pastors Association, Sojourners, Students for Life, and Concerned Women for America, among others, have rallied behind the bill.
This wide-ranging support underscores a shared conviction: American families are in dire need of support to mitigate the escalating costs of child-rearing, recognizing parents who navigate the complexities of family life as national assets. H.R. 7024 proposes to enhance the child tax credit for over 60 million American children, offering substantial benefits to low-income and larger families who stand to gain the most from such support.
The enhanced child tax credit conveys a powerful message to expectant parents that they are not alone in their parenting journey. It introduces no additional federal bureaucracy, empowering parents to make the best decisions for their children without governmental oversight. It also alleviates the tax burden on families who already play a crucial role in society. Some may express concerns over potential work disincentives due to the "look back" provisions, but the demanding nature of parenting, alongside the financial necessities of family life, negates such worries. This provision could enable parents to enjoy more time with their newborns during vital developmental stages.
As the bill progresses to the Senate, where Leaders Schumer and McConnell have voiced their support, it encounters a Senate preoccupied with budgeting and legislative priorities. However, amidst these challenges, the Senate must not overlook this chance to support children and families through bipartisan action.
Looking forward to 2025, the aspiration is to further solidify pro-life, pro-family tax policies, particularly through an expanded child tax credit and the universal charitable deduction as advocated by Senators Coons and Lankford. Such measures would not only foster family growth but also boost charitable contributions, strengthening the vital nonprofit sector that supports healthy families and communities. The bipartisan bill that has successfully passed the House represents an essential step toward broader reforms. It's time for the Senate to act and pass this crucial legislation.