Photo by Sasha Kim on Pexels.com April 18 was Tax Day in the United States, and this year, the day was an especially sad reminder that the refundable, monthly expanded Child Tax Credit (CTC) that ended in December 2021 was short-lived. The expanded CTC was a lifeline that benefited 90% of our nation’s children and lifted 3 million children above the federal poverty line in a single month by providing families much-needed cash to afford the basics.
The Center on Budget and Policy Priorities noted 90% of families with incomes below $35,000 spent it on food, utilities, housing, clothing or […]
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