Getting the economy back on track will require building political will. The child tax credit had historic bipartisan support—let’s start there.
House Speaker Nancy Pelosi (D-Calif.) discusses the expanded child tax credit (CTC) in Hartford, Conn. The CTC was temporarily expanded under the American Rescue Plan passed by Congress in March 2021. The payments ended in December 2021. ( Rep. John Larson / Twitter) The advanced child tax credits issued for six months in 2021 kept millions of children out of poverty and gave families a chance to stabilize . The credit—which sent parents $3,000 for every child age […]
Full Post at msmagazine.com