Below are a few stories from late last week and over the weekend highlighting Senator Murray’s 21st Century Worker Tax Cut Act, which would complement critical reforms like raising the minimum wage by helping workers and families in today’s economy keep more of what they earn.
E.J. Dionne, Washington Post Columnist: “…one of last week's most important and least noted political events was the introduction of the 21st Century Worker Tax Cut Act by Sen. Patty Murray, D-Wash. Murray favors a minimum wage increase to $10.10 an hour, but she also has other ideas that would help Americans at the bottom of the income structure to earn more.” LINK
Reihan Salam, National Review Columnist: “…Murray has done us a service by advancing a serious proposal that has the potential to better the lives of a large number of workers.” LINK
CQ News: “The Washington Democrat’s proposal, released this week to coincide with the unveiling of the Democrats’ ‘fair shot’ election-year agenda, would expand the Earned Income Tax Credit and create a new credit for families with two earners… An anchor of federal anti-poverty programs that has grown dramatically since its inception in 1975, the EITC is drawing renewed interest on both sides of the aisle: Republicans see the program as a more efficient alternative to raising the minimum wage, and Democrats have made expanding it a cornerstone of their efforts to fight income inequality. LINK
She said during negotiations, she and Congressman Ryan relied on trust to make compromises and forge a two-year deal that rolls back some of the automatic spending cuts, known as sequestration, and prevents another government shutdown through 2015.
Mar 28 2014
Since 1975, the Earned Income Tax Credit (EITC) has helped millions of households lift themselves out of poverty. Now, it's time to modernize our tax code to better reflect today's workforce with The 21st Century Worker Tax Cut Act. Click on the image for a more detailed look.here.
Senator Murray also outlined some of the ways she would like to build on the two year budget to continue working to tackle the serious deficits the country is facing, from research and development to education, jobs, and infrastructure.
Excerpts from her speech, as prepared for delivery, can be found after the jump.