Child Tax Credit: Can monthly payments cut child poverty by nearly half?
Updated 7:29 AM;
Today 7:25 AM
This May 4, 2021 image shows teacher Graciela Olague-Barrios working with two infants at Cuidando Los Ninos in Albuquerque, N.M. The charity provides housing, child care and financial counseling for mothers, all of whom will benefit from expanded Child Tax Credit payments that will start flowing in July to roughly 39 million households.AP Photo/Susan Montoya Bryan
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ALBUQUERQUE, N.M. (AP) The check won’t arrive until mid-July, but Katrina Peters already knows what she’ll do with her Child Tax Credit payments. The 20-year-old mother of three has applied to work as a driver with a food delivery app, and the extra cash is earmarked for repairing, registering and insuring her car.
How monthly cash payments from tax credits can cut poverty among U.S. children
Updated 9:59 AM;
Today 9:59 AM
This May 4, 2021 image shows development director Ashley Martinez examining germinating seeds that were planted by students at Cuidando Los Ninos in Albuquerque, N.M. The charity provides housing, child care and financial counseling for mothers, all of whom will benefit from expanded Child Tax Credit payments that will start flowing in July to roughly 39 million households. (AP Photo/Susan Montoya Bryan)AP
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By ASHRAF KHALIL, The Associated Press
ALBUQUERQUE, N.M. (AP) The check won’t arrive until mid-July, but Katrina Peters already knows what she’ll do with her child tax credit payments. The 20-year-old mother of three has applied to work as a driver with a food delivery app, and the extra cash is earmarked for repairing, registering and insuring her car.
Monthly cash payments could cut child poverty by nearly half, advocates say This May 4, 2021 image shows teacher Graciela Olague-Barrios working with two infants at Cuidando Los Ninos in Albuquerque, N.M. The charity provides housing, child care and financial counseling for mothers, all of whom will benefit from expanded Child Tax Credit payments that will start flowing in July to roughly 39 million households. (Source: AP Photo/Susan Montoya Bryan) By ASHRAF KHALIL | May 19, 2021 at 6:27 AM EDT - Updated May 19 at 6:39 AM
ALBUQUERQUE, N.M. (AP) The check won’t arrive until mid-July, but Katrina Peters already knows what she’ll do with her Child Tax Credit payments. The 20-year-old mother of three has applied to work as a driver with a food delivery app, and the extra cash is earmarked for repairing, registering and insuring her car.
Congressional Candidates Clash On Financial Disclosures
- Associated Press
Republican congressional candidate Mark Moores on Tuesday criticized Democratic rival Melanie Stansbury for voting in 2019 for a budget bill in the state Legislature that benefited a one-time client of her consulting practice, in a news release.
A spokeswoman for Stansbury called the criticism a baseless political attack and highlighted Moores refusal to file a disclosure about his personal finances as a U.S. House candidate. A spokesman for Moores said that this year s delayed federal tax deadlines have stood in the way of the financial disclosure requirement.
Early in-person and absentee voting is well underway ahead of the June 1 special election to fill the 1st Congressional District seat held by Deb Haaland before her confirmation as Secretary of the Interior under President Biden.
The COVID-19 relief bill passed in March includes a monthly stipend for parents ranging from the poorest to the middle class. The payments will be in place for one year starting July 15, but if successful in reducing poverty, could become a permanent part of the American safety net.