Cory Booker proposes the "Keep Your Pay Act," aiming to make the first $75,000 of income tax-free for households.
Quiver AI Summary
Senator Booker's proposed tax reform: U.S. Senator Cory Booker has introduced the "Keep Your Pay Act," aimed at providing tax relief for working Americans. The proposal seeks to make the first $75,000 of income tax-free for couples while significantly expanding tax credits, including enhancements to the Child Tax Credit and a new $2,400 baby bonus.
Support and implications: The legislation has drawn praise for potentially easing financial burdens, with analyses suggesting it could benefit over 70% of households. Booker emphasized the need for a fairer tax system, stating, "American households don’t pay taxes on their first $75,000 of earnings,” positing that this reform would boost disposable incomes.
Financial sustainability measures: The proposal includes plans to increase taxes on corporations and wealthy individuals to counterbalance income loss from lower tax revenues. Booker highlights the urgency of these measures, citing the growing economic struggles faced by everyday families as a critical issue needing resolution.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Cory A. Booker Fundraising
Cory A. Booker recently disclosed $1.2M of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 45th most from all Q4 reports we have seen this year. 96.3% came from individual donors.
Booker disclosed $683.9K of spending. This was the 82nd most from all Q4 reports we have seen from politicians so far this year.
Booker disclosed $21.9M of cash on hand at the end of the filing period. This was the 3rd most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Cory A. Booker's fundraising on Quiver Quantitative.
Cory A. Booker Net Worth
Quiver Quantitative estimates that Cory A. Booker is worth $1.1M, as of March 20th, 2026. This is the 323rd highest net worth in Congress, per our live estimates.
Booker has approximately $73.9K invested in publicly traded assets which Quiver is able to track live.
You can track Cory A. Booker's net worth on Quiver Quantitative's politician page for Booker.
Cory A. Booker Bill Proposals
Here are some bills which have recently been proposed by Cory A. Booker:
- S.4143: A bill to require coverage of incarcerated workers under the Fair Labor Standards Act of 1938, and for other purposes.
- S.4136: A bill to include a Federal defender as a nonvoting member of the United States Sentencing Commission.
- S.4096: A bill to amend the Consolidated Farm and Rural Development Act to modify provisions relating to rural decentralized water systems grants.
- S.4042: A bill to amend the Internal Revenue Code of 1986 to increase the standard deduction, and for other purposes.
- S.4018: GAAME Act of 2026
- S.3953: African American History Act of 2026
You can track bills proposed by Cory A. Booker on Quiver Quantitative's politician page for Booker.
2026 New Jersey US Senate Election
There has been approximately $37,007,446 of spending in New Jersey US Senate elections over the last two years, per our estimates.
Approximately $3,232,660 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- UNITED 2024 ($1,299,155)
- LEADERSHIP WITH INTEGRITY PAC ($884,886)
- WORKING NEW JERSEY ($620,441)
- JERSEY DESERVES BETTER PAC ($174,939)
- WITH HONOR FUND II, INC. ($80,000)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 New Jersey US Senate election.
