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Child tax credits to start in July: What to know, who s eligible

View Comments Starting this summer, many American families are expected to get a financial boost in the form of direct monthly payments to support the cost of raising children.  As part of the $1.9 trillion stimulus bill passed in March, Congress expanded the child tax credit so eligible families can receive $3,600 for children under 6 years of age and $3,000 for those between the ages of 6 and 17. Researchers have said measures in the latest relief package could cut child poverty in half.  What we re talking about here is a potentially transformational policy that s going to put the single biggest dent in child poverty in the United States of anything that we ve ever done, said Luke Shaefer, director of Poverty Solutions, an initiative at the University of Michigan that partners with communities and policymakers to find ways to prevent and alleviate poverty. 

Child tax credits to start in July: What to know, who s eligible

Starting this summer, many American families are expected to get a financial boost in the form of direct monthly payments to support the cost of raising children.  As part of the $1.9 trillion stimulus bill passed in March, Congress expanded the child tax credit so eligible families can receive $3,600 for children under 6 years of age and $3,000 for those between the ages of 6 and 17. Researchers have said measures in the latest relief package could cut child poverty in half.  What we re talking about here is a potentially transformational policy that s going to put the single biggest dent in child poverty in the United States of anything that we ve ever done, said Luke Shaefer, director of Poverty Solutions, an initiative at the University of Michigan that partners with communities and policymakers to find ways to prevent and alleviate poverty. 

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