federal child tax credit

federal child tax credit

News Policy Watch Investigates Top Story

The expanded federal child tax credit is helping families. Congress is debating its future.

Like millions of women, Sarah Anderson saw her income drop during the pandemic when her two part-time jobs ended and caring for her four children and supervising online school consumed her days.   The federal child tax credit helped fill the gap left by that lost income. Parents started receiving monthly payments of $250 to $300 for each child on July 15 and will do so through December.

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Education News Top Story

How the new, expanded federal child tax credit will work

WASHINGTON — The most ambitious part of the pandemic stimulus package signed by President Joe Biden earlier this year is about to hit the bank accounts of millions of U.S. parents. Starting this week and ending in December, the vast majority of U.S. households with children will begin receiving monthly payments as a result of changes in that law expanding and reworking the federal child tax credit.

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