Parents brace for more limited Child Tax Credit in Democratic dealmaking

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Under a provision in the American Rescue Plan, 39 million families are now eligible for the expanded Child Tax Credit, according to the IRS, but the current program is set to lapse at the end of the year. President Joe Biden had proposed extending it through 2025, but it now may be extended only one additional year as Democrats pare back their social spending package amid pressure from moderates to cut the cost of the president's plan.

Mehrabi also said the monthly payments, rather than the smaller payouts that used to come only during tax season, can make a life-changing difference. "Many other developed countries have had child allowances that recognize that parents and families have particular financial obligations to raise children," Cox said.

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If YOU want the child tax credit to go all the way out to 2025 instead of maybe ending next year you need to help the democrats get a super majority in the senate & hold the house in 2022. You vote blue, & the democrats will show you all they can do for you.

If the Child Tax Credit is lifting children out of poverty, then their parents aren't doing enough.

The government can not hand money to people in perpetuity. This is what Democrats want. Most of our local, state, and federal budgets are already mostly consumed by social programs going bankrupt that Democrats started.

So let’s see…moderates have tanked family leave, reducing student loans, and now they’re gonna cut extra child care support. And yet they expect Millenial and Gen X to keep on turning out for them. 🤷🏼‍♀️

More printed $$ from the Democratic party la land as prices soar 25-30% in supermarkets

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You mean they’d rather send out handouts to donors like 200 million to the presidio park trust in pelosi’s district that help people? Wow. They really care so much don’t they

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