SENATOR SUSAN COLLINS RELEASES STATEMENT ON HOUSE PASSAGE OF CHILD TAX CREDIT LEGISLATION

"Providing a refundable tax credit for low income families is a vital component of any plan to stimulate our economy. During these slow economic times, it is the hard-working, low-income families with young children who often are most in need of a child tax credit.

"Last week, I voted in support of the Senate plan to provide this important tax relief. While the US House has approved a bill that is substantially different, I believe that we are on the right track and have moved one step closer to giving families dollars that they need. It is my hope that differences can be quickly worked out between the two bills.

"I will continue to work with my Senate colleagues to ensure that low income Mainers with young children receive a child tax credit that they deserve."