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. We need to get our, get our, get that under control. (14:52–15:01)
CLAIM
Asserts that $200 billion in refundable tax credits are paid annually by the federal government.
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