In the midst of the current economic challenges Americans face, The Rockefeller Foundation (Foundation) has had the privilege to see glimmers of hope through our support for organizations working to expand the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). This movement took a big step forward in 2021 with the passage of the expanded federal CTC. Dubbed “ a guaranteed income for families with kids ,” this expansion lifted 3.7 million children out of poverty, improved rates of household debt and food insufficiency, and helped parents get back to work during some of the toughest pandemic […]
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