Press

Behind the Bill: Cutting the EITC

Cross-posted from wral.com.

The federal Earned Income Tax Credit has a long Republican pedigree.  First advanced by Nixon, it was signed into law by Ford, and expanded by Reagan, who called it "the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress."

The state's version of the program is just a fraction of the federal credit.  It goes to more than 400,000 low-income working families in NC. But some GOP lawmakers say it's a "transfer of wealth" the state can't afford in a tough budget year.  

For more on H93, watch the story at http://www.wral.com/news/state/nccapitol/blogpost/9258713/