The House will reinstate the child tax credit, if they can also extend the tax breaks for Corporations.
Once again, the poor and middle class get to pay for all the programs coming out of the Federal Government.
It’s, too bad, they couldn’t pass the For the Families Act and get universal PreK schooling. With the empty storefronts dotting America, commercial spaces would be perfect for schools. Americans still need early child development and day care.
If you’re compromising, get a great deal and a Christmas present for the working poor!
Once January 2022 hit and the monthly deposit did not hit families’ bank accounts, we saw an immediate sort of reversal, and there were 3.7 million more children in poverty in January 2022 compared to December 2021,” said Megan A Curran, director of policy at the Center on Poverty and Social Policy at Columbia University. “And so that’s a huge flip of what the circumstances were for kids.”
With only weeks remaining until they lose control of the House of Representatives to a new Republican majority, Democrats are in last-minute flurry of bill-passing, and a group of lawmakers believe they have found the leverage they need to restore the child tax credit.
The Democratic senators and representatives are proposing something of a trade: their votes to extend corporate tax breaks enacted by Donald Trump and the Republicans, but only if the expanded child tax credit is restored.