Taxes
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March 7, 2024
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03), the Ranking Member of the Committee on Education and the Workforce, issued the following statement in response to President Biden's State of the Union address to Congress. “President Biden spoke directly to the American people about the historic economic progress we have made under his leadership and laid out a vision for the future which stands in stark contrast to the extreme MAGA Republicans’ agenda.
January 31, 2024
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement after voting against H.R. 7024, the Wyden-Smith tax deal: “When Congressional Democrats and President Biden enacted the American Rescue Plan in 2021, we prioritized the economic well-being of working families with the expanded, monthly Child Tax Credit (CTC). The expanded CTC under the American Rescue Plan reached 61 million children and reduced child poverty nearly in half, lifting nearly 3 million children out of poverty. In contrast, this bill is only expected to lift 500,000 children out of poverty.
Issues:Taxes
November 2, 2023
WASHINGTON – Congressman Bobby Scott (VA-03) issued the following statement after voting against H.R. 6126 – Israel Security Supplemental Appropriations Act, 2024: “I am committed to standing with Israel in their war against Hamas and funding humanitarian aid for civilians in Gaza. However, I could not support this supplemental funding bill, as it did not include any of the funding President Biden requested to respond to humanitarian needs in Gaza and around the world.
Issues:Foreign AffairsTaxes
September 6, 2023
WASHINGTON, D.C. – U.S. Representatives Alma S. Adams, Ph.D. (NC-12) Dan Kildee (MI-08) and Bobby Scott (VA-03) today introduced the Family Farmer and Rancher Tax Fairness Act of 2023, legislation that would remove the tax liability for distressed farmers on the assistance provided under Sections 22006 and 22007 of the Inflation Reduction Act (IRA). Currently, farm loan borrowers who are already at financial risk are facing tax liability on the IRA assistance.
Issues:Economy and JobsTaxes
May 31, 2023
WASHINGTON, D.C. – Congressman Bobby Scott issued the following statement after voting against H.R. 3746, the budget agreement between President Biden and Speaker McCarthy: “The historical record shows that Republicans have no business lecturing anyone about fiscal responsibility. Every Democratic administration since Kennedy has left for their Republican successors a better deficit situation than the one they inherited, and every Republican administration since Nixon has left for their Democratic successors a worse deficit situation than the one they inherited.
April 26, 2023
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) delivered the following remarks during the floor debate on House Republicans’ Default on America Act (H.R. 2811): “Thank you, Mr. Speaker. I rise today to oppose the reckless Default on Our Debt Act. Unfortunately, those on the other side of the aisle have taken the full faith and credit of the United States hostage and has offered a terrible deal for the American people: either they’ll inflict cruel cuts to vital programs for working families or they’ll destroy the economy.
March 10, 2023
WASHINGTON – Ranking Member Robert C. “Bobby” Scott (VA-03) released the following statement after President Biden released his proposed budget for Fiscal Year 2024. “The Biden-Harris Fiscal Year 2024 budget proposal is a clear roadmap to a stronger America. It calls for transformational investments that would grow our economy and improve the lives of students, workers, and families across the country.
February 2, 2023
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement after voting against H. Con. Res. 9, which purportedly “denounc[es] the horrors of socialism”: “Since House Republicans took control of the chamber earlier this year, they have not held a vote on a single piece of legislation to fight inflation or lower costs for families. Today’s vote was nothing more than another Republican attack on Social Security and Medicare
Issues:Foreign AffairsTaxes
January 9, 2023
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement after voting against H.R. 23 – the so-called “Family and Small Business Taxpayer Protection Act” which would undo a core provision of the Inflation Reduction Act:
“President Biden and Congressional Democrats enacted the Inflation Reduction Act to address inflation, reduce the deficit and lower health care and energy costs for working families.
Issues:Federal BudgetTaxes
August 10, 2022
NEWPORT NEWS, VA – Congressman Bobby Scott (VA-03), Chairman of the House Committee on Education and Labor, issued the following statement announcing his support for the Inflation Reduction Act:
“The Inflation Reduction Act delivers key components of President Biden and Congressional Democrats’ agenda to invest in jobs and the economy while lowering costs for working families. This legislation will lower the cost of health care, prescription drugs, and energy for millions of American families. Medicare will finally be able to negotiate for lower prescription drug prices and lower costs for seniors. The bill also builds on the success of the American Rescue Plan’s expansion of the subsidies under the Affordable Care Act to lower health costs, which helped us reach the lowest number of uninsured people ever.