Fighting Chance for Families

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Fighting Chance for Families

We have an unprecedented opportunity to boost the economy and lift millions of families out of poverty.

We need to protect, expand, and secure the Child Tax Credit — permanently.

11/30/2021

Maybe you heard that the U.S. House passed President Biden's Build Back Better Act, which includes an extension of the expanded Child Tax Credit.

Here's how this legislation affects this wildly popular program:

Much of the Biden administration’s economic agenda revolves around an overhaul of the society safety net. Core to those proposals is an expansion of the child tax credit, which White House officials say is key to slashing child poverty in the United States.

11/29/2021

Amid all the economic news, there’s a small ray of light:

The child poverty rate in the U.S. is reportedly down, thanks to the expanded .

Amid all the bad economic news, there’s a small ray of light. The child poverty rate in the U.S. is reportedly down, thanks to the expanded child tax credit.

11/28/2021

A powerful argument to make the expanded Child Tax Credit permanent: This program "has power to set millions of Black families on an upward path toward long-term economic and social mobility"

Congress needs to make the fully refundable expanded Child Tax Credit permanent and continue to distribute those payments periodically. There should be no debate.

11/27/2021

New survey finds that parents who have received the expanded Child Tax Credit, as part of President Biden's American Rescue Plan, have used the monthly payments on necessities for their families, like food and bills, which has reduced financial stress.

The installments have made a difference for low-income families, researches said.

11/15/2021

Washington Post ed-board calls on Democrats to "seize the opportunity to improve a bill that has drifted very far from where it started" like rolling back tax cuts for the wealthy to pay for an extension of the successful expanded Child Tax Credit.

As the House finishes up work on the Democrats' big spending bill, the Senate must look for ways to improve it.

11/14/2021

President Biden: The expanded Child Tax Credit is "already a life-changer for so many working families. This will help cut child poverty in half this year, according to the experts."

East Room 11:44 A.M. EDT THE PRESIDENT: Good morning. Today, I am pleased to announce that after -- after months of tough and thoughtful negotiations, I

11/13/2021

Economist and congressional adviser Robert Moffitt discusses how the American Rescue Plan's monthly allowance is lifting children out of poverty, cutting food insecurity, and investing in children as a society.

11/09/2021

Economist Claudia Sahm on the expanded :

"It would be the ‘biggest bang for the buck,’ supporting families now and investing in our next generation. Done well, it would lift long-run economic growth, benefiting all Americans."

Children are our best investment. They are the future. Congress must use its once-in-a-generation opportunity to do more for all our kids.

11/08/2021

"Our economy hasn’t worked for people like me in decades. It’s long past time that our elected leaders act in the best interests of the people who elected them...We need the expanded CTC to be made permanent."

The pandemic has brought to light a harsh reality that many who have endured poverty, especially with children, already knew: our current systems fail those...

11/07/2021

A very important reminder: Not only has the expanded Child Tax Credit helped local economies weather uncertainties, it lifted 3.5 million children out of poverty by the first two monthly payments alone.

Biden's expansion to the child tax credit is already creating economic benefits and pulling children from poverty. It remains to be seen whether Democrats can make it permanent.

11/06/2021

Now we know what a big deal President Biden's monthly expanded child tax credit is for 61 million kids:

It's helping them get childcare and school supplies.

Biden's new spending plan would cut the timeline of the program and give it to fewer families based on income caps. Right now it's helping millions.

11/05/2021

"Making the credit fully refundable meant that an additional 27 million children, many Black and Latino, were able to access the benefit for the first time"

The enhanced child tax credit, including advance monthly payments, will continue through 2022, according to a framework Democrats released Thursday.

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