Nov. 30, 2017
The Senate just released their version of the Tax Cuts and Jobs Act (H.R. 1) and will vote on it this week! The House version passed before Thanksgiving with a strong vote. Like the House bill, the Senate bill includes a provision allowing parents to open up an education savings account starting when their child is “unborn.” However, more can be done to ensure that the tax code— specifically the child tax credit — covers all children including unborn children. Doing so will have an immediate and meaningful impact on families who are pregnant and who are preparing for their child’s birth!
Moms and dads start planning and preparing for their baby’s birth as soon as they learn about their pregnancy. Parents take off time for doctor’s appointments, stock up on diapers, formula, clothes and swaddles. And, they plan financially to take time from work to care for and bond with their baby.
Adding the ability of parents to obtain the “child tax credit” for their unborn child would be a huge pro-life and pro-family win! It will help individual families and the economy by helping parents better handle the new costs of raising their children. Congress should not only increase the child tax credit –the Senate bill increases it to $2,000—but also apply to unborn children as well.
Please email these requests to your two U.S. Senators, urging them to do everything they can to make this pro-life and pro-family provision a reality.