WASHINGTON – Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) joined 43 of their Senate colleagues in introducing the Tax Cut for Workers Act and the American Family Act, legislation that would cut taxes for workers and families by expanding the Earned Income Tax Credit (EITC) and permanently expanding the Child Tax Credit (CTC), respectively.

“As the Trump administration continues to sow chaos with policies that help his billionaire friends and hurt everyday Americans, I’m proud to introduce legislation that will cut taxes for the middle class and working families,” said Sen. Warner. “By increasing the Earned Income Tax Credit and permanently expanding the Child Tax Credit, we can provide financial relief to hard-working Americans and their families, ensure that parents have resources to help their children thrive, and encourage economic growth.”

“Hard-working American workers and their families deserve a tax break. That’s why I’m glad to help introduce these bills to nearly triple the Earned Income Tax Credit for workers who do not have children and permanently expand the Child Tax Credit for those who do,” said Sen. Kaine. “At a time when the Trump Administration’s policies are centered around tax cuts for billionaires paid for by senseless tariffs and cuts to social services, this legislation is even more important. I urge my colleagues on both sides of the aisle to join us in focusing on cutting taxes for the middle-class.”

Specifically, the Tax Cut for Workers Act would nearly triple the maximum EITC for childless workers, and extended eligibility to workers over age 65 and qualifying workers under age 25.

The CTC is one the most effective tools to reduce poverty and put money back in the pockets of working families. The American Family Act would increase the value of the CTC from the current level of $2,000 per child to $6,360 for newborns, $4,320 for children ages one through six, and $3,600 for children age six through 17. It would also end the longstanding, discriminatory policy that reduces the value of the CTC for low-income families, ensuring that the families of 17 million low-income children left out of the CTC under current law will receive the same credit as families in the middle class. In addition, the legislation would provide for monthly delivery of the credit so families have access to the credit as bills arrive and index the CTC for inflation to preserve the value of the credit moving forward.

Sens. Warner and Kaine have long supported policies that would help working-class families. Both senators provided key votes for the passage of the American Rescue Plan Act in 2021, which dramatically reduced child poverty through an expansion of the Child Tax Credit. The senators both helped pass the landmark Inflation Reduction Act in 2022, which helped families in Virginia and across the nation through expanded subsidies for health insurance, clean energy tax credits for homes and automobiles, and investment in job creation. This month, Sens. Warner and Kaine successfully passed bipartisan legislation in the Senate to roll back President Donald Trump’s tariffs on Canadian goods.

Full text of the bills are available here and here. 

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