On FBN’s “Mornings with Maria” on Thursday, Sen. Rand Paul (R-KY) laid out a manner for unlawful immigrants to misuse the so-called refundable tax credit.
He known as these refundable tax credit “welfare.” This will be given to unlawful immigrants if they’ve kids born inside the nation.
“Refundable tax credit are mere welfare,” Paul defined. “So, the kid tax credit score and the earnings tax credit score you earn aren’t really making. They’re simply welfare funds. They do not get out of your taxes. They come out of another person’s tax. It’s about $100 billion, a fraud fee of about 25%, and in actuality, in case your dad and mom went unlawful right here, you possibly can obtain your kid’s tax since you have been born right here and now, since you have been born right here and now, you are born right here and now, and also you’re born right here and now, tax credit for you.”
He continued, “So we have to reform every little thing. We should not actually make a refundable tax credit score. We have to name that welfare. And we have to talk about how a lot welfare now we have, however we have already got lots of welfare. But it is advisable reduce your spending. The Federal Reserve must borrow cash.
“So we have to shift prices,” Paul added. “That does not imply that we’ll eradicate Medicaid, however each state ought to pay at the very least half of Medicaid prices. Currently, states solely pay 10% of many individuals in Medicaid.”