The Expanded Child Tax Credit Will Help Fix the Broken Child Care System newsweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsweek.com Daily Mail and Mail on Sunday newspapers.
Almost Every Parent In The Country Will Start Receiving Monthly Checks From The Federal Government
CBS Denver 9 hrs ago Syndicated Local – CBS Denver
AURORA, Colo. (CBS4) – If you have a kid under age 17, chances are you are eligible for the new child tax credit. Starting Thursday, parents will receive up to $300 a month for each child under the age of 6 and $250 for kids 6 to 17 every month.
The exact amount depends on your household income and family size. It’s expected to cut childhood poverty in half because, unlike the previous child tax credit, it will benefit the poorest families – those who don’t make enough to file a tax return.
Even before the pandemic, Utah faced a significant gap in child care resources for working parents, according to the Division of Workforce Services. Lawmakers discussed concerns during an Economic Development and Workforce Services Interim Committee meeting this week at the state Capitol in Salt Lake City.