5 Articles
5 Articles
There’s a simple solution to child poverty: Expand the child tax credit
As Congress debates major tax reforms, a proven anti-poverty tool hangs in the balance: the child tax credit. This credit reduces a family’s tax bill by up to $2,000 per child, but its current structure leaves out millions of our poorest children while providing full benefits to families earning six figures. Here in the Bay Area, where a family of four needs $136,872 to make ends meet, one in three households struggle to meet basic needs. Expand…
House Republicans Approve Expanded Child Tax Credit in Budget Bill
House Republicans passed a new spending package on Thursday that includes an expansion of the child tax credit, raising the maximum benefit to $2,500 per child between 2025 and 2028. The legislation, part of President Donald Trump’s broader tax and spending proposal, would permanently maintain the $2,000 maximum credit established...
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