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Families Will Receive Thousands More to Support Their Kids: What Game-Changing New Child Tax Credit Means
People
3/16/2021
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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. ....

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