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The case for permanently expanding the child tax credit

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Manage episode 298491270 series 2905018
Content provided by Spectrum News 1. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Spectrum News 1 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On July 15, families across Ohio and the rest of the country started receiving new, larger monthly payments from the federal government for their children. The child tax credit was temporarily expanded by Democrats in March when the American Rescue Plan was signed into law by President Joe Biden.

For 2021, a family with a child under age 6 will receive $3,600 while those with kids ages 6-17 will receive $3,000 per child. But the expanded policy is currently in place for only one year, meaning it could return to $2,000 per child if the expansion isn’t extended.

Sen. Sherrod Brown, D-Ohio, who chairs the Senate Banking, Housing and Urban Affairs Committee, has been pushing for the child tax credit to be expanded and made permanent since 2013.

In this episode, our Washington Bureau reporter Taylor Popielarz speaks with Brown about his strategy going forward, how this would be paid for, and the obstacles he faces from Republicans and the Biden Administration.

  continue reading

65 episodes

Artwork
iconShare
 
Manage episode 298491270 series 2905018
Content provided by Spectrum News 1. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Spectrum News 1 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On July 15, families across Ohio and the rest of the country started receiving new, larger monthly payments from the federal government for their children. The child tax credit was temporarily expanded by Democrats in March when the American Rescue Plan was signed into law by President Joe Biden.

For 2021, a family with a child under age 6 will receive $3,600 while those with kids ages 6-17 will receive $3,000 per child. But the expanded policy is currently in place for only one year, meaning it could return to $2,000 per child if the expansion isn’t extended.

Sen. Sherrod Brown, D-Ohio, who chairs the Senate Banking, Housing and Urban Affairs Committee, has been pushing for the child tax credit to be expanded and made permanent since 2013.

In this episode, our Washington Bureau reporter Taylor Popielarz speaks with Brown about his strategy going forward, how this would be paid for, and the obstacles he faces from Republicans and the Biden Administration.

  continue reading

65 episodes

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