Statement Of Sen. Alexander - Extending The Child Tax Credits

Posted on September 23, 2004

This bill keeps the child tax credit at $1,000 per child for five more years, which will put money in the pockets of nearly 527,000 Tennesseans. It continues the reduction in the marriage penalty through 2008. More than 57,000 Tennessee teachers will be able to deduct up to $250 of what they spend out-of-pocket on classroom supplies.