As we combat the Delta variant and work on economic recovery, Congress is advancing legislation that will not only deliver immediate support to workers and families but also make bold and lasting investments in their futures. This week, the House Ways and Means Committee, on which I serve as Vice Chair, marked up key pieces of the Build Back Better Act, advancing Democrats’ promise to rebuild the American middle class. This legislation includes two important provisions that I championed:
- An extension of the expanded Child Tax Credit through 2025: The one-year expansion of the credit in the American Rescue Plan has already made its mark on millions of families. Nearly 1.4 million children in Washington are benefiting from this middle-class tax cut. Since the first monthly payments went out in July, 3 million children have been kept out of poverty and 3.3 million more families have been able to put enough food on the table. This program is transformative, and it must continue so it can support families and set our children up for success.
- An enhanced Housing Tax Credit: This program is a proven tool that has built and rehabilitated more than 3.5 million affordable housing units since its start. The enhanced credit included in the Build Back Better Act will finance the creation and rehabilitation of an estimated 1.4 million additional affordable homes across the country. This is especially important in our region where housing costs continue to rise rapidly.
House Democrats also advanced measures that will create stability for families, ensure that all Americans can access affordable and high-quality health care, and combat the climate crisis. The package includes:
- A permanent extension of the enhanced Affordable Care Act health insurance subsidies included in the American Rescue Plan. The enhanced subsidies dramatically lowered premiums and helped nearly 3 million Americans sign up for coverage.
- A long overdue 12-week national paid family and medical leave policy.
- Investments in clean energy technology to combat the climate crisis.
- Policies that will lower the high cost of prescription drugs.
Together, these provisions would make up the most historic investment in our families and economy in a generation. I will continue to work with my colleagues in the House and the Senate to deliver a final package to President Biden’s desk.
As always, I am here to help you. If you need assistance at this difficult time, please don’t hesitate to leave a message at my Kirkland office at (425) 485-0085. For more updates on what I’m doing for WA-01, you can follow me on social media at the links above.
Stay safe and stay healthy,