Detailed text transcripts for TV channel - FOXNEWS - 20141212:21:21:00
The additional child tax credit, and both are designed to help working americans and to encourage the growth of families. and what the inspector general found was they're enormous fraud rates. the earned income tax credit, the government sent out $63 million, with a b, bill dollars last year and it had a fraud rate of 24%. and what the inspector general found out was that the child tax credit was even worse. they had -- they sent out $26 billion last year. the fraud rate was between 25 and 30%. these are just sky, high fraud rates. >> but they're being disproportionately given to those who are...
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