Millions of Children , Pushed Into Poverty After, End of US Child Tax Credit.
'The Guardian' reports that Joe Biden and Democratic
leaders in the Senate passed legislation to allow
the poorest American parents to receive a tax credit. .
'The Guardian' reports that Joe Biden and Democratic
leaders in the Senate passed legislation to allow
the poorest American parents to receive a tax credit. .
According to the Census Bureau, as a result
of the legislation, the child poverty rate dropped
by almost half to reach its lowest level ever. .
However, just months after the bill was enacted,
the expanded child tax credit expired following objections
by Republicans and Democratic lawmaker Joe Manchin. .
However, just months after the bill was enacted,
the expanded child tax credit expired following objections
by Republicans and Democratic lawmaker Joe Manchin. .
By the beginning of 2022,
millions of American children
had fallen back into poverty.
Once January 2022 hit and the monthly
deposit did not hit families’ bank accounts,
we saw an immediate sort of reversal,
and there were 3.7 million more
children in poverty in January 2022
compared to December 2021, Megan A Curran, director of policy at the Center on Poverty
and Social Policy at Columbia University, via 'The Guardian'.
And so that’s a huge flip of what
the circumstances were for kids, Megan A Curran, director of policy at the Center on Poverty
and Social Policy at Columbia University, via 'The Guardian'.
Now, Democrats in the House
believe they may have found a way
to restore the child tax credit.
'The Guardian' reports that a group of lawmakers
have offered exchanging votes to extend corporate
tax breaks for restoring the expanded child tax credit.
'The Guardian' reports that a group of lawmakers
have offered exchanging votes to extend corporate
tax breaks for restoring the expanded child tax credit.
We should not provide any of these
extensions unless it’s coupled with
an extension and expansion
of the child tax credit. , Rosa DeLauro, Democratic congresswoman, via 'The Guardian'.
If businesses and corporations can
get the benefit of this, working families,
middle-class families, vulnerable families,
need to have a child tax credit, Rosa DeLauro, Democratic congresswoman, via 'The Guardian'