In early 2024, the U.S. House of Representatives passed the Tax Relief for American Families and Workers Act of 2024, a bipartisan bill aimed at expanding the federal Child Tax Credit (CTC). The bill, approved by a 357–70 vote, proposed increasing the maximum refundable CTC incrementally: from $1,800 per child in tax year 2023, toContinue reading “Quarterly Question #1: Can the 2025 Child Tax Credit Expansion Lift Millions Out of Poverty?”
