And then there are things like the tax code, which is more than just deductions and credits. Our Democratic colleagues have now turned the tax code into welfare benefit scheme. The child tax credit and the earned income tax credit are refundable tax credits, which means it's not a credit against income, it's not a deduction, it's a check that's handed out. And there are $200 billion worth of refundable tax credits paid out on an annual basis by the federal government. 200 billion. We need to get a hold of that. (14:35–14:52)
CLAIM
Asserts that the child tax credit and earned income tax credit are refundable and result in checks being handed out.
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