The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

Biden signed the expanded child tax credit into law under the American Rescue Plan during the pandemic. The expansion raised the yearly credit from $2,000 per child to $3,000 per child for ...

Writing for the Wall Street Journal, Matthew Hennessey argues to the contrary, that explicit financial incentive precludes ...

The New Mexico expanded child tax credit is expected to benefit an estimated 214,000 families, according to a press release issued by the New Mexico governor’s office. Related Content.

The expanded child tax credit was a well-tested solution to child poverty. Bring it back. by Oshan Jarow. Sep 21, 2023, 11:30 AM UTC. Alex Wong/Getty Images.

A pandemic-era program that sent monthly checks of up to $300 per child to most families drove down poverty rates. Amid new research about its merits, some Democrats are vowing to bring it back.

Under the current version, the child tax credit phases in for lower-income families at the same rate no matter how many children are in the family. A married couple making $12,500 a year is ...

After the expiration of the expanded federal child tax credit in 2022, three states—New Mexico, New Jersey, and Vermont—created new child tax credits to fill the vacuum.

“The expanded child tax credit didn't necessarily lift kids and families out of poverty during COVID because there were so many economic forces working against them, but it did put real money ...

Child tax credit 2024 update. At this point, it is not clear whether an expanded child tax credit will become law. The tax package would need 60 votes to pass the Democratic-led Senate.

Senate Republicans on Thursday blocked legislation that would have expanded the child tax credit, a key tax break for millions of families. However, it is still a "top priority for Democrats ...