How expanded child tax credit aided these moms, changed economy


As part of a COVID-19 pandemic relief bill, the federal government expanded the child tax credit and distributed the money in monthly cash payments rather than a lump sum when filing taxes. The expansion, which expired in 2022, also increased the per-child amount up to $3,600 annually. The concept of cash-payments trusts families to decide where the money is most needed. Data shows that many families were able to catch up on bills and take away the urgency of financial struggles, opening up space to tend to other physical and emotional needs involved in raising children.

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