Families Will Receive Thousands More to Support Their Kids: What 'Game-Changing' New Child Tax Credit Means
Families Will Receive Thousands More to Support Their Kids: What 'Game-Changing' New Child Tax Credit Means People 3/16/2021 © Provided by People Getty "Game-changing" and "ground-breaking." That's how the expanded child tax credit — one of the myriad provisions in the $1.9 trillion American Rescue Plan Act signed by President Joe Biden on Thursday — is being hailed by anti-poverty advocates. The impact of the expanded credit won't be fully felt for months, though some scholars have hypothesized that its implementation could help cut child poverty in half. The provision will impact...