Gardner Bill Would Improve EITC Program

gardnerYesterday Congressman Cory Gardner (CO-04) introduced legislation to make reforms and improvements to the Earned Income Tax Credit (EITC) program.  The title of the legislation is the Earnings Advancement and Recovery Now Act, or the EARN Act. By its own estimate, the federal government made $14.5 billion in improper EITC payments last year alone, which accounts for 24% of the program. Congressman Gardner says his legislation will reduce that wasteful spending, and dedicate the savings to expanding the credit for working families.  The legislation has received a great deal of praise and support from tax advocacy organizations.  They say the bill could significantly reduce fraud within the program.  Pictured:  Cory Gardner

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