Study: 2021 Child Tax Credit expansion aided families during pandemic hardship

Feb 20 2024Boston University School of Public Health As a proposal to reinstate expanded Child Tax Credits in the United States awaits a vote in the Senate, a new study led by Boston University School of Public Health researchers reveals that the now-expired 2021 CTC expansion benefitted families experiencing financial setbacks due to health or employment challenges spurred by the COVID-19 pandemic.

In addition to the monthly cash benefits, the CTC expansion also broadened eligibility to households with low or no income and provided larger credits to families with younger children, under the American Rescue Plan that Congress passed in 2021.

Nicole McCann, study lead and corresponding author, PhD candidate studying health services and policy research at BUSPH Related StoriesFamilies who earned less than $35,000 per year were 150 percent more likely to experience these economic shocks than higher-income families during this time of the pandemic, while Black and Hispanic households were 68 and 55 percent more likely to experience them, respectively, than White households. Consequently, after Congress failed to renew the CTC, these shocks were linked to an 80 percent increase in food insufficiency.

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