May 22, 2001 LOW-INCOME FAMILIES WITH A FULL-TIME WORKING PARENT WOULD FARE MUCH BETTER
UNDER SENATE THAN HOUSE CHILD CREDIT PROVISIONUnder House Provision, Six Times As Many Such Families Would Be Left Out
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Some 4.3 million low-income families with a full-time working parent or parents would fail to benefit from the expansion of the child credit in the House tax bill. By contrast, 700,000 such families fewer than one-sixth as many would fail to benefit under the Senate child credit expansion.
These data are from an analysis conducted by Isabel Sawhill and Adam Thomas of the Brookings Institution, using Census data. Full-time is defined as work of more than 1,500 hours during the year.
Number of
Full-time Working Families* |
|
House | 4.3 million |
Senate | 0.7 million |
*Defined as a family in
which the head worked at least 1,500 hours during the year. Source: Isabel Sawhill and Adam Thomas, Brookings Institution |