‘We’re drowning’: Parents fear what’s coming with end of child tax credit

A reported 59% of parents used the advance payments to pay for food, according to a. The same analysis found that 52% of parents used the credit to pay for utilities, 45% used the funds to pay for rent or their mortgage and 44% purchased clothing.

"I'm not unaccustomed to rationing my own food so my child can eat. There have been times when I've had to brush off my own needs, even my own health, to make sure that he was getting what he needed. That's what a mother does. I'm already not able to see certain doctors of mine that I need to see. I don't own a car, so I can't travel far.

"The majority of the credit paid for food for my daughter. She has a dairy and soy intolerance, so most of the food that we purchase is organic, which is much more expensive. The rest covers the cost of things like electricity, which fluctuates, and fuel for the family vehicle. I don’t want to make it sound like we are a struggling family, because we are not. We can afford to pay our bills, and losing the CTC will not put us in any serious financial danger. But I still have student loan debt, and my kids will continue to be in daycare for years to come. My wife does not have the luxury of paid sick days, so if she doesn't work, she doesn't get paid.

“If the child tax credit goes away, some of those activities will too. Our grocery budget is going to be tighter. We’re going to have to cut corners. Like typical millennial parents, we’re drowning in debt."Brian is a web content manager by day and a cartoonist by night. He has three children, ages 10, 7 and 5, with his wife, Mary, who works as a substitute teacher.

Why is it ending? I thought everything was better now Trump is gone?

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