“Jobs for Main Street Act” contains welfare payments

The House narrowly approved a “jobs” bill by a narrow vote margin of 217 to 212. The “Jobs for Main Street Act” will provide $50 billion for local governments, and another $50 billion for infrastructure projects. There’s little doubt that most of this money will find its way into the pockets of the unions that support the Democratic party, but that’s another story.

The most sickening item in the bill is a $1,000-per-child tax credit for people with little or no income. Ladies and gentlemen, this is nothing more than using the tax code to provide more welfare payments. Does it really make sense that someone who pays just $800 in taxes could see a $5,000 “tax refund”? The Earned Income Credit is bad enough, but then it is exacerbated by this additional payment. » read more