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1dbd04a801b7057e701ee0515e2568b7 Archive

Economic Well-Being Improved in 2021, But Will It Continue?

TweetShareSharePin0 Shares Even though jobs are plentiful and wages are up, many families still face a shaky economic outlook. Higher than average inflation, which tends to hit low- and middle-income families hardest, will likely persist in 2022. A rental crisis looms. Either  could undo gains in financial well-being found at the end of 2021 by

Should the Child Tax Credit Be Limited to Those with Lower Incomes, As Manchin Prefers?

TweetShareSharePin0 Shares In 2021, the Child Tax Credit (CTC), helped nearly all families with children. But this year, because American Rescue Plan (ARP) expansions have lapsed, it is concentrating benefits on middle-income families. High- and low-income parents are receiving more limited assistance. And, as Democrats try to find a path forward for their stalled Build

Should the Child Tax Credit Be Limited to Those with Lower Incomes, As Manchin Prefers?

TweetShareSharePin0 Shares In 2021, the Child Tax Credit (CTC), helped nearly all families with children. But this year, because American Rescue Plan (ARP) expansions have lapsed, it is concentrating benefits on middle-income families. High- and low-income parents are receiving more limited assistance. And, as Democrats try to find a path forward for their stalled Build

How Can Congress Protect Families Who Receive Excessive Child Tax Credit Payments?

TweetShareSharePin0 Shares Families began receiving monthly Child Tax Credit (CTC) payments on July 15. For many, those regular payments—currently permitted through the end of the year—will combat poverty and help families keep current on monthly bills without having to borrow. But because the CTC depends on income, number of children, and marital status, some changes

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