Harris, Vance tout child tax credit expansions following financial assistance success

Harris, Vance tout child tax credit expansions following financial assistance success

With the economy a priority for many Americans in the upcoming 2024 election, the Democrats and Republicans are pitching plans to tackle the financial burden facing families nationwide.

Vice President Kamala Harris, the 2024 Democratic presidential candidate, is proposing a new plan to provide up to $6,000 in tax credits to middle-income and low-income families in the first year of their child’s life. This could cost $100 billion over a decade, according to the Committee for a Responsible Federal Budget.

If elected president, Harris says she will also expand the child tax credit to $3,000 for all children and 3,600 […]

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