The Subcommittee on Oversight of the House Ways & Means Committee holds a hearing today on Earned Income Tax Credit Outreach:

In 2006, approximately 22 million low-income families and individuals claimed the Earned Income Tax Credit. The benefits of the EITCt are not reaching a large number of low-income workers and their families. An estimated 20-25% of eligible workers fail to claim the EITC each year. (Many of these same families and individuals also fail to claim the Additional Child Tax Credit.) The EITCt provides financial assistance to millions of low-income workers, particularly those with children, and raises about 5 million people above the poverty line each year.

The Subcommittee will examine current outreach efforts by the IRS, public interest organizations, community volunteers, and business coalitions to assist workers in claiming the EITC.

The hearing takes place at 1:00 p.m. in Room B-318, Rayburn House Office Building.