Dear MoveOn member,
This is Congresswoman Rosa DeLauro, and I’m emailing you about one of the most potentially transformative policies within reach of this Congress: the Child Tax Credit (CTC), which puts money directly into the hands of tens of millions of middle- and working-class families.
Democrats established this game-changing program in the American Rescue Plan earlier this year. We’re only a few months into the policy, and already, it’s making a historic impact—almost immediately lifting 3.5 million children out of poverty.1 Just one Child Tax Credit payment reduced financial anxiety for 56% of families who received it.2
After two decades of fighting for this policy, I’m so proud to see that it has immediately slashed hunger rates, lifted millions of American children out of poverty, and made life easier for tens of millions of middle-class families. We have a moral obligation to invest in working families and the future of our country, and that’s exactly what we’re going to do through President Biden’s Build Back Better Agenda. With Democrats in the majority, we have the chance to pass this into law immediately.
New research from Columbia University shows that with a permanently expanded Child Tax Credit, American children would be healthier, learn more, and would be less likely to be neglected—and taxpayers would earn back 84 cents for every dollar invested.3
Thanks!
–Rosa DeLauro
Sources:
1. “Expanded Child Tax Credit Leads to Further Decline in Child Poverty in August 2021,” Center on Poverty and Social Policy, September 24, 2021
https://act.moveon.org/go/159364?t=17&akid=308863%2E40999114%2ENvUFKw
2. “Just one child tax credit payment reduced financial anxiety for 56% of families,” CNBC, August 19, 2021
https://act.moveon.org/go/159365?t=19&akid=308863%2E40999114%2ENvUFKw
3. “The Costs and Benefits of a Child Allowance,” Center on Poverty and Social Policy, August 2, 2021
https://act.moveon.org/go/159366?t=21&akid=308863%2E40999114%2ENvUFKw
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