John,
Earlier this year, the American Rescue Plan passed and ushered in a historic one-year expansion of the Child Tax Credit (CTC) that has the power to significantly boost income security, reduce child poverty, advance racial equity, and create a public investment for the good of all children. Families will get up to $250 or $300 per child up to 17 years of age. This is a transformational benefit. Monthly payments are slated to begin this week. We have outlined what you need to know about the CTC expansion and what it means for your family.
Frequently asked questions about the Child Tax Credit
What is the Child Tax Credit? Learn more.
The expansion of the Child Tax Credit is a critical down payment on ending child poverty and advancing racial equity in America. Monthly payments have the potential to be a game-changer for families, but the hard-won expansion is only for one year, and we have to seize this moment and demand this guaranteed income for children is made permanent. Join us in the fight: take action today.
- Your friends at CDF
P.S. Tell us how the Child Tax Credit will make a difference for your family. Click here to share.
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