Monday, February 15, 2021

Biden’s Relief Package Moves Along—Including Child Tax Credit to Ameliorate Child Poverty | janresseger

Biden’s Relief Package Moves Along—Including Child Tax Credit to Ameliorate Child Poverty | janresseger
Biden’s Relief Package Moves Along—Including Child Tax Credit to Ameliorate Child Poverty




Last week, while America was reliving the January 6, 2021, insurrection at the Capitol and listening to an impeachment trial in the U.S. Senate, the U.S. House continued marking up President Joe Biden’s proposed $1.9 trillion COVID relief package. In a society that has, over the past four years, not even managed to name widespread child poverty as a problem, the new President has—by  getting to work and immediately proposing a comprehensive COVID relief package—managed entirely to change the national conversation. I clipped seven different articles last week alone on Biden’s proposed provisions to reduce child poverty.

First Focus on Children’s Bruce Lesley explains: “(T)here were 12 million children in the United States living in poverty in 2019… Even before the pandemic and recession, the kids were not alright. In an international comparison, our nation is well behind other wealthy nations in a report by UNICEF on dozens of child well-being measures, including child poverty and child mortality.  In that report, the United States ranks… 36th out of 38 countries—behind countries like Romania, Estonia, Slovakia, Latvia, Greece, Poland, Lithuania, and Malta.”  Leslie points out that 31 percent of U.S. children live below the poverty line.

Leslie highlights a key provision in the President’s proposed COVID-19 relief plan, “What stands out is the Biden-Harris proposal to make the Child Tax Credit fully refundable to help… one-third of all our kids… whose parents make too little to qualify for the full child benefit, which is $2,000 annually under current law. The legislation also raises the amount of the Child Tax Credit to $3,600 to families with children 5 and under ($300 per month) and $3,000 to families with children 6-17 years-of-age ($250 per month).”

The Child Tax Credit is exactly that: a tax credit. It works by reducing a parent’s federal CONTINUE READING: Biden’s Relief Package Moves Along—Including Child Tax Credit to Ameliorate Child Poverty | janresseger