On September 15, millions of families will receive the third installment of the monthly Child Tax Credit (CTC) payments that began in July. The positive impact that these payments have had on households, especially households of color and those with low incomes, is undeniable. The expansion of the CTC made the full credit available to 27 million children whose families’ incomes were too low to qualify previously, including about half of all Black and Latinx children. And just in its first month, the expanded credit kept three million children out of poverty , including 543,000 Black children and 1.1 […]
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