Child Tax Credit
The latest on the Child Tax Credit. Created in 1997 as part of the Taxpayer Relief Act under former President Bill Clinton, the Child Tax Credit is a tax credit parents can claim for dependent children. Parents are allowed to claim $2,000 in tax relief per child. The tax credit is credited with lifting millions of children out of poverty. It's expected the credit will lower to $1,000 per child in 2025.
Biden wants to send Americans more checks
If President Joe Biden's 2024 budget is approved, parents could see more money issued by the government.
Are Americans getting $3,600 payments in 2023? Update on Congress' plan
Democratic lawmakers pushed hard for an extension to the expanded child tax credit in the omnibus spending bill.
Millions of Americans would get $3,600 payments in 2023 under new plan
Scores of Americans were lifted out of poverty thanks to 2021's expanded child tax credit. Whether it comes back in 2023 is another question.
Future of direct payments to Americans at risk in 2022 midterms
When legislation expanding the child tax credit passed Congress in 2021, it received no GOP support in either the House or Senate.
Stimulus check November update: when to expect payments
Recipients in a number of states should expect to see a check in the mail over the next few weeks.
Stimulus check update: Child Tax Credit deadline looms for millions
The IRS saidt it is sending out reminder letters to those who may be eligible to claim some or all of the Child Tax Credit and other payments.
Democrats, Republicans battle over how to win the parent vote
The vast range of concerns facing American parents have left both sides thinking they're alone, and at an advantage, in clinching the votes.
Stimulus Check Update: Child Tax Credit Bill Faces Uphill Battle
A proposal to expand the existing child tax credit was ultimately excluded from the Inflation Reduction Act that President Joe Biden signed into law this week.
Stimulus Check Update: Bernie Sanders Pushes for Child Tax Credit Extension
The progressive senator called for sending direct payments of $300 a month to parents for each child on Saturday.
Stimulus Check Update as One State Approves $500 Child Tax Credit
The legislation would give a refundable $500 tax credit for each child under the age of six for families earning up to $30,000 a year.
File Your Taxes to Collect Missed Child Tax Credits, White House Says
"Working families deserve a break," Vice President Kamala Harris said in a speech urging families to take full advantage of the tax credits available to them.
AOC Mocks Sinema's Complaints About Senate's Slow Voting Process
"Why should we make the lives of obstructionists easier?" Ocasio-Cortez wrote, referring to the Arizona senator, who voted against eliminating the filibuster.
Anti-Abortion Republican Sen. Ron Johnson Opposes Funding Child Care
One Twitter commenter said Johnson's position was, "I want to force you to have children no matter what, but I bear no responsibility for their health and wellbeing."
$1.9T American Rescue Plan Saved U.S. From Economic Disaster: Yellen
Treasury Secretary Janet Yellen referred to the American Rescue Plan as "the biggest investment we've made since Eisenhower built the Interstate."
Is the U.S. Child Friendly?
Even if the United States is not currently a child-friendly society, it could be and it must be.
Holes in the Social Safety Net Leave Millions Without Access to Benefits
What good is a social safety net if the people who need help the most can't access it?
West Virginians Beg Joe Manchin to Extend Child Tax Credit: 'We Need Help'
"Bills cost more, we already know the price of food is higher," one parent said. "It's just a time that we need the child tax credit more than ever."
Joe Manchin Worried CTC Would Lead to Smaller Workforce, but Jobs Increased
According to a Bureau of Labor Statistics report, the percentage of people with jobs increased from 58 percent to 59.5 percent.
Fox Host Confronts Blunt With Data Showing Child Tax Credit Reduces Poverty
Proponents of the credit contend it will "bolster financial security and spur economic growth," noted Fox News Sunday host Mike Emanuel.
Will There Be More Direct Payments in January? Congress Faces Deadline
Congress will not pass the Build Back Better Act this year, but it's possible Americans could receive a direct payment in 2022.
Joe Biden Avoids Criticism of Joe Manchin, Dodges on Child Tax Credit
The president said he's not giving up on Build Back Better, despite Joe Manchin announcing he's a total "no" on the bill.
Child Tax Credit is Keeping Families Afloat
As the holidays approach, we should collectively toast the support that we have provided to American families this year. The CTC is working.
Joe Biden Defends BBB, Child Tax Credits in Impassioned Speech
The president spoke with intensity while answering questions about his stalled plan following an address on COVID-19.
Kamala Harris Urges Dems Not to Give Up on BBB Despite Joe Manchin's Stance
"I don't have any personal feelings about this," Harris told CBS' "Face the Nation" about Manchin's reversal on the Build Back Better plan.
Stimulus Check Update: Payments to Parents to End as Manchin Opposes BBB
The final Child Tax Credit payments were sent out to parents last week and appear unlikely to continue in 2022 due to Manchin's opposition to Biden's agenda.
AOC Says It's 'Delusional to Believe' Dems Can Get Re-elected Without BBB
"People want to 'but Manchin' everyone to death, but learned helplessness is not a disposition that inspires confidence or support," Ocasio-Cortez tweeted.
Joe Manchin Has Just Handed Democrats a Nightmare Start to 2022
The West Virginia senator is continuing to hold up the Biden administration's ambitious Build Back Better plan, citing fiscal concerns.
2 Child Tax Payments Could Come in Feb. if Build Back Better Passes in Jan.
December's expanded Child Tax Credit payment will be the last if the Build Back Better act isn't passed by lawmakers.
Will There Be Direct Payments in January? Democrats May Push Bill to 2022
Biden's Build Back Better Act would mean more direct payments in 2022, but hopes are dwindling it can pass before the end of the year.
Monthly Direct Payments Petition Pushes Congress for More Monthly Checks
The petition creators said the pandemic taught the government about the "power of cash" and letting payments lapse would be going backward.