Tuesday, Sept. 20, 2022 | 2 a.m.
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Last year, the expanded child tax credit put money back into the hands of American families when they needed it most, monthly bill time, and allowed families to choose how best to use it. New data proves how well it worked.
The 2021 U.S. Census Supplemental Poverty Measure report shows that the tax credit reduced child poverty by 46%. In one year, the expanded credit pushed the child poverty rate to the lowest level ever measured.
But 51 senators let its expansion expire last December. This data shows they made a huge mistake.
After the election, some members of Congress will try to pass tax credits for large corporations. It would be outrageous to pass tax cuts for the wealthy without expanding the child tax credit for low-income families. I implore our members of Congress to expand the credit, with a monthly payment option, this year.
