Tag Archives: child tax credit

by Ashley Murray, Missouri Independent The bipartisan tax package passed by the U.S. House last month is not a done deal, but the proposal’s supporters say it could restore some poverty-reducing benefits that reached millions under the pandemic-era child tax credit expansion. A majority of low-income families who do not currently qualify …

Jennifer Shutt, Washington State Standard The U.S. House voted overwhelmingly Wednesday to approve a $78 billion tax package that would expand the child tax credit and reinstate some tax incentives for businesses. The 357-70 vote sends the bill, dubbed the Tax Relief for American Families and Workers Act of 2024, to …

Jimmy Williams The Republican-led House is gearing up for a vote this week on a $78 billion bipartisan bill that would expand the child tax credit and introduce a series of tax breaks for businesses. Having received approval from the Ways and Means Committee with a resounding 40-3 vote, the …

Jake Johnson, Common Dreams A bipartisan pair of congressional negotiators announced a compromise deal Tuesday that would modestly expand the child tax credit for three years—potentially benefiting millions of kids in low-income families—in exchange for reviving Trump-era corporate tax cuts favored by Republican lawmakers. The $80 billion tax framework unveiled …

Anna Claire Vollers, Stateline The federal pandemic-era child tax credit expansion lifted millions of children out of poverty in the second half of 2021. But Congress allowed it to expire at the end of that year, and new U.S. census data shows the child poverty rate more than doubled in …

As congressional Republicans intensify their assault on vital social programs, a trio of House Democrats on Wednesday reintroduced legislation that would make permanent the expanded monthly Child Tax Credit—a policy credited with lifting millions of U.S. children out of poverty. The American Family Act—reintroduced by Reps. Rosa DeLauro (D-Conn.), Suzan …

In a last-ditch bid to revive the expanded Child Tax Credit in some form by year’s end, the White House has reportedly suggested to congressional Democrats that it is willing to accept a compromise deal that adds more stringent work requirements to the anti-poverty program—a reversal of President Joe Biden’s …

Lindsey Toomer, Colorado Newsline As Congress nears the end of its lame duck session, one of Democratic U.S. Sen. Michael Bennet’s top priorities is seeking support for expanding the child tax credit again. An expanded child tax credit passed as part of the American Rescue Plan Act at the beginning …

Rebekah Barber Originally published by The 19th A year ago, the expanded child tax credit ended. Between 2020 and 2021, the credit — which gave monthly payments of up to $300 per child — helped reduce child poverty by more than 40 percent. More than 36 million families received the …

The Biden administration outlined a national strategy Tuesday of executive actions and legislative priorities it says will combat hunger and address diet-related conditions such as heart disease, diabetes and various cancers that plague millions of Americans. The strategy arrives the day before President Joe Biden is scheduled to address the White …

Ariana Figueroa, Ohio Capital Journal Faith leaders pressed Congress to pass voting rights legislation, a $15 minimum wage and a permanent expansion of the child tax credit during a recent briefing on Capitol Hill. “Poverty is a policy choice,” Rev. Dr. William Barber, co-chair of the Poor People’s Campaign and …

According to new research released Thursday by the Center on Poverty and Social Policy at Columbia University, the number of children in poverty spiked dramatically in January after the expiration of President Joe Biden‘s expanded child tax credit at the end of last year. The number of American kids in …

Chabeli Carrazana Originally published by The 19th The monthly child tax credit payments may be over, but families now face a new hurdle: Filing for the remaining portion they’re owed. An estimated 40 million households will be applying for the benefit this tax filing season, which, thanks to a bevy …

Parents have come to expect to receive monthly payments from the expanded child tax credit, but for August, the payment will be issued on a different date than usual. Last month, the credit was paid on July 15, and subsequent payments will be made on the 15th of the month …

More than 30 million American families have received their first monthly child tax credit payment from the U.S. government in an expanded income-support program that President Joe Biden said on Thursday could help end child poverty. At the White House on Thursday, President Biden praised the tax credit as a …