622 - Hope for Children Act
(Rep. DeMint (R) South Carolina and 281 cosponsors)
Administration supports House passage of H.R. 622, the Hope for
Children Act, as an important pro-family and pro-adoption tax relief
initiative. H.R. 622 is consistent with the President's priorities,
include permanently extending and increasing the adoption tax credit.
Administration looks forward to working with Congress through the
legislative process to achieve a result that best embodies the objectives
of the President's plan.
law that would reduce receipts is subject to the pay-as-you-go
requirements of the Balanced Budget and Emergency Deficit Control
Accordingly, H.R. 622 or any substitute amendment in lieu thereof,
will also reduce revenues, will be subject to the pay-as-you-go
requirement. The Administration will work with Congress to ensure
unintended sequester of spending does not occur under current law
enactment of any other proposals that meet the President's objectives
reduce the debt, fund priority initiatives, and grant tax relief
income tax paying Americans.