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Families Will Receive Thousands More to Support Their Kids: What Game-Changing New Child Tax Credit Means

Families Will Receive Thousands More to Support Their Kids: What Game-Changing New Child Tax Credit Means People 3/16/2021 © Provided by People Getty Game-changing and ground-breaking. That s how the expanded child tax credit one of the myriad provisions in the $1.9 trillion American Rescue Plan Act signed by President Joe Biden on Thursday is being hailed by anti-poverty advocates. The impact of the expanded credit won t be fully felt for months, though some scholars have hypothesized that its implementation could help cut child poverty in half. The provision will impact more than the most deeply impoverished by putting thousands of dollars into the pockets of many Americans, including those in the middle class.

Stimulus bill could cut California child poverty by half

Stimulus bill could cut California child poverty by half
davisenterprise.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from davisenterprise.com Daily Mail and Mail on Sunday newspapers.

Revolutionary federal stimulus bill could cut California child poverty by half

Revolutionary federal stimulus bill could cut California child poverty by half
thecalifornian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecalifornian.com Daily Mail and Mail on Sunday newspapers.

Revolutionary federal stimulus bill could cut California child poverty by half

In summary The $1.9 trillion federal stimulus package includes a temporary expansion of the child tax credit. Some California experts are likening it to a universal basic income and say it’s urgently needed, especially for California’s families with undocumented parents left out of previous stimulus relief. Lea este artículo en español. As President Joe Biden’s $1.9 trillion virus relief package heads to the Oval Office for his signature, the mammoth spending bill has the potential to reduce child poverty in the Golden State by half. That would be a turning point for a state that is an economic powerhouse vexed by the highest poverty rate in the nation when accounting for the cost of living. 

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