Under the majority proposal. the Treasury Department estimates that 7.8 million working families with more than one child will see their earned income tax credit reduced by $270. A working family with two children earning $20.000 would see a $290 reduction in their credit. Mr. President. only $1 billion of this $21 billion cut would result from the adoption of the Clinton administration proposal to deny the earned income tax credit to undocumented workers and implement procedures to reduce errors and fraud in the program. The remaining $20 billion cut represents a tax increase for millions of working families. many of which live just above the poverty level. Why raise taxes on individuals who are struggling to work. make ends meet. and avoid welfare?
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undocumented