Biden economic adviser calls expiring Child Tax Credit expansion just one piece of a bigger puzzle

When Democrats passed one year of an expanded Child Tax Credit within the $1.9 trillion American Rescue Plan, many of the credit’s supporters hoped it would become permanent.

White House economic adviser Heather Boushey called the tax credit a “basic benefit” when speaking to Yahoo Finance in March as the relief package was becoming law. She predicted the overall package “will cut child poverty in half this year in no small part, due to this expansion of the Child Tax Credit.”

That…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *