House Speaker Mike Johnson voices support for Strengthening American Families Initiative Act

Legislation would provide $150 billion in tax relief for American families

Washington, D.C. - Today, House Speaker Mike Johnson (R-LA) voiced his support for the Strengthening American Families Initiative Act, legislation that would provide $150 billion in tax relief for American families. The bill, which was introduced by Rep. Michael Baumgartner (R-OH), would increase the child tax credit, provide a new tax credit for stay-at-home parents, and make other changes to the tax code that would benefit families.

"I am proud to support the Strengthening American Families Initiative Act," said Speaker Johnson. "This legislation would provide much-needed tax relief for American families, and it would help to make it easier for parents to raise their children."

The Strengthening American Families Initiative Act would increase the child tax credit from $2,000 to $3,000 per child. The bill would also create a new tax credit of up to $2,500 for stay-at-home parents. In addition, the bill would make other changes to the tax code that would benefit families, such as increasing the standard deduction and reducing the marriage penalty.

"The Strengthening American Families Initiative Act is a pro-family piece of legislation that would make a real difference in the lives of American families," said Rep. Baumgartner. "I urge my colleagues to support this bill and help us to make it easier for parents to raise their children."

Conclusion

The Strengthening American Families Initiative Act is a bipartisan bill that would provide much-needed tax relief for American families. The bill has the support of House Speaker Mike Johnson and other members of Congress. If passed, the bill would make it easier for parents to raise their children and would help to strengthen American families.