(WASHINGTON, DC) – Congressman Dennis Moore (Third District-KS) joined a bipartisan group of House leaders on Monday to introduce the House version of a bill passed 94-2 by the Senate last week that would restore the child tax credit to working families. If the House passes H.R. 2392, without amendment, it would go immediately to the President for his signature.

“Even the President asked the House leadership to pass this bill now,” Moore said. “My bill would fully restore provisions of the President’s tax cut that were stripped out by leadership in the House to make room for a larger dividend and capital gains tax cut which we can’t afford.”

Moore’s bill is fully paid for with its costs offset by customs fees. It would restore the child tax credit to the families of over 12 million children nationally. In Kansas, the bill will assist over 162,000 children and their families who have received this credit since 1997 – a credit which was taken from them by the leadership in the House.

Who are these families?

* They earn between $10,500 and $26,625 per year. They work hard to raise their children – and helping hard-working families make ends meet and raise their kids is the goal of the Child Tax Credit. * The base pay in the military is approximately $16,000 so 200,000 military families will be helped by restoring this credit.

H.R. 2392 would offer low-income working families the same $400 tax credit offered to other families this summer. It proposes accelerating the refundable portion of the new $1,000 child tax credit from 10 percent to 15 percent retroactively to Jan. 1. Families earning $10,500 to $26,625 annually would receive the child tax credit signed into law last month.

“This is an opportunity to lend a hand to parents struggling to make ends meet,” Moore said. “They will use the additional $400-per-child tax cut to buy clothes or shoes or books for their kids – helping their families and providing an immediate boost to our economy at the same time.”

Sponsors include Rep. Rodney Alexander [D-LA], Rep. Michael Castle [R-DE], Rep. Sherwood L. Boehlert [R-NY], Rep. John S. Tanner [D-TN] and Rep. Fred Upton [R-MI].

“I’m disappointed that the leadership in the House refuses to promptly pass this bill,” Moore said. “They want to instead use it to pass even larger tax cuts for special interests – reportedly up to $100 billion in additional tax cuts, not paid for. This is Washington politics-as-usual at its worst.”