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Tue May 11, 2021, 08:47 PM

Pelosi: House Democrats want to make child tax credit expansion permanent

Source: The Hill

Speaker Nancy Pelosi (D-Calif.) said Tuesday that House Democrats want to make the expansion of the child tax credit (CTC) permanent, after President Biden proposed extending the increased credit amount through 2025.

"We want to have it longer," she said at a virtual event. The event was focused on making people aware that they should file tax returns by the May 17 deadline so that they can receive advance payments of the expanded CTC this year.

President Biden enacted a coronavirus relief law in March that includes a one-year expansion of the CTC. The law increases the credit amount from $2,000 to $3,600 for children under age 6 and $3,000 for older children, makes the credit fully available to the lowest-income households, and directs the IRS to make advance payments of the credit on a periodic basis from July through December.

The current expansion of the credit is just for 2021. Biden released a proposal last month, called the American Families Plan, that calls for the CTC to permanently be fully available for the lowest-income families and proposes to extend the other parts of the CTC expansion, such as the higher credit amount, through 2025.

Read more: https://www.msn.com/en-us/news/politics/pelosi-house-democrats-want-to-make-child-tax-credit-expansion-permanent/ar-BB1gCFex

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Reply Pelosi: House Democrats want to make child tax credit expansion permanent (Original post)
Yo_Mama_Been_Loggin May 11 OP
OAITW r.2.0 May 11 #1
WA-03 Democrat May 11 #2
AZ8theist May 12 #3

Response to Yo_Mama_Been_Loggin (Original post)

Tue May 11, 2021, 08:58 PM

1. Want more kids - taxpayers , Republicans?

Support low and middle-class families with tax credits.

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Response to Yo_Mama_Been_Loggin (Original post)

Tue May 11, 2021, 09:05 PM

2. Ouch

I thought this was going to be part of the frame setting the choice for 2022 and 2024.
You want the financial support ?
Support and VOTE for the party that is providing and doing it vs. the assholes who don't care if you die.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed May 12, 2021, 07:32 AM

3. How about getting rid of the Trump Tax Scam???

AND MAKING THAT PERMANENT.

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