North Miami-Dade News

Congressman Mario Díaz-Balart of Florida has voiced his support for the passage of H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. As a senior member of the House Committee on Appropriations, Díaz-Balart has highlighted the importance of this bipartisan legislation in providing much-needed relief for hurricane-impacted communities and middle-class families in Florida.

In a statement, Díaz-Balart emphasized the significance of a specific provision in the bill that he himself cosponsored. This provision extends disaster relief benefits, such as the enhanced casualty loss tax deduction, to individuals living in areas affected by Hurricanes Ian and Idalia. This demonstrates a commitment to supporting those who have been directly impacted by natural disasters and ensuring they have the necessary resources to recover and rebuild.

Furthermore, Díaz-Balart commended the legislation for its efforts to champion small businesses and working-class families in Florida. By easing regulatory burdens and allowing Americans to retain more of their earnings, this bill aims to provide financial relief to those who need it most. In the face of the current inflationary pressures resulting from what Díaz-Balart refers to as "Biden's failed economic policies," this legislation offers a much-needed lifeline to individuals and families who are feeling the strain of rising costs.

The congressman also highlighted the economic and national security benefits of the bill. By promoting domestic Research and Development, the legislation aims to support U.S. manufacturers and companies in their efforts to compete with China. This investment in new products and technologies will not only strengthen the economy but also enhance national security by reducing reliance on foreign entities.

In conclusion, Díaz-Balart stressed the importance of providing tax relief to hardworking Americans. He stated, "Americans deserve to safeguard more of their hard-earned tax dollars." By supporting this bipartisan legislation, Díaz-Balart has demonstrated his commitment to the well-being of hurricane-impacted communities, middle-class families, and the overall prosperity of Florida.