House Dems Reintroduce Bill to Make Expanded Monthly Child Tax Credit Permanent
The expanded child tax credit had a significant positive impact on families with children, but it expired in 2021. Since then, several lawmakers have made efforts to revive this credit but with little success. A group of U.S. Representatives has reintroduced the American Family Act to make the expanded monthly child tax credit permanent. What’s The Need For An Expanded Monthly Child Tax Credit?In 2021, the American Rescue Plan Act expanded the child tax credit, and changed how the credit was distributed. At the time, half the credit amount was distributed through six monthly installments, whil...