The Child Tax Credit: Supporting Families in Need CONGRESSMAN ADAM B. SCHIFF OF CALIFORNIA IN THE HOUSE OF REPRESENTATIVES Thursday, June 05, 2003 Mr. SCHIFF. Mr. Speaker, I rise today to voice my support of legislation to expand the child tax credit to working families left out of the tax bill that the President recently signed.   Last week, the President signed a $350 billion tax cut plan, a package of large tax cuts that are weighted heavily toward America's wealthiest families, and that will do little to spur economic growth or reduce the Nation's jobless rates. These additional cuts are likely to further burden the economy's future with growing budget deficits and debt--spending the Social Security Trust Fund surplus and threatening essential programs such as Medicare.   The most disturbing aspect of this legislative effort was the Majority's last-minute exclusion of a provision that would help nearly 12 million children and their families to get the child tax credit. In their persistent efforts to cut taxes for the wealthiest Americans, the Majority stripped this important provision from the final bill in order to make room for a dividend tax cut and other measures benefiting only those wealthiest taxpayers.   For some time now, the Administration has maintained that all Americans deserve a tax break. However, this new law did not honor that promise, and the President should not have signed legislation that denies a promised child tax credit to the millions of families that need it the most and are the most likely to spend it. These families with children, earning between $10,500 and $26,625, are already working hard to make ends meet. Our immediate priority in Congress should now be to pass legislation that will correct this last-minute injustice and provide these moderate-income families with the relief they deserve. Therefore, I support the legislation introduced by House Democratic leaders to accomplish this goal and benefit almost 3 million children in my home State of California. I urge my colleagues on the other side of the aisle to join us in helping those Americans in most need.