{"id":6831,"date":"2021-12-16T17:11:13","date_gmt":"2021-12-16T17:11:13","guid":{"rendered":"http:\/\/lonecandle.com\/?p=6831"},"modified":"2021-12-16T17:11:13","modified_gmt":"2021-12-16T17:11:13","slug":"allowing-the-expanded-child-tax-credit-to-expire-would-be-a-major-mistake","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=6831","title":{"rendered":"Allowing the expanded child tax credit to expire would be a major mistake"},"content":{"rendered":"\n<p>\n\n&#8220;For the past&nbsp;<a href=\"https:\/\/www.vox.com\/22388062\/child-tax-credit-expanded-biden-2021-stimulus\" target=\"_blank\" rel=\"noreferrer noopener\">six months,<\/a>&nbsp;families with kids have received monthly payments from the federal government as part of the&nbsp;<a href=\"https:\/\/www.vox.com\/future-perfect\/22543868\/biden-child-tax-credit-july-15-monthly-payment\" target=\"_blank\" rel=\"noreferrer noopener\">expanded child tax credit<\/a>&nbsp;\u2014 a policy that has slashed&nbsp;<a href=\"https:\/\/www.vox.com\/22744783\/expanded-federal-child-tax-credit-2021\" target=\"_blank\" rel=\"noreferrer noopener\">child poverty in the US<\/a>.<\/p>\n\n\n\n<p>If Congress doesn\u2019t act, however, this measure is set to expire for future payments near the end of the month. The last monthly payment was scheduled to go out on&nbsp;<a href=\"https:\/\/www.usatoday.com\/story\/money\/columnist\/tompor\/2021\/12\/14\/child-tax-credit-payment-due-dec-15-what-about-2022\/6506134001\/\" target=\"_blank\" rel=\"noreferrer noopener\">December 15<\/a>, after which these installments will end.&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cbpp.org\/research\/federal-tax\/if-congress-fails-to-act-monthly-child-tax-credit-payments-will-stop-child\" target=\"_blank\">The Center on Budget and Policy Priorities<\/a>, a think tank focusing on social programs, estimates 9.9 million children could fall back into poverty or deeper into poverty if the credit is not extended. It estimates, too, that poverty rates for Black, Latino, and American Indian or Alaska Native (AIAN) children, in particular, will be hardest hit. If BBB doesn\u2019t pass, poverty rates would be 22 percent for Black children compared to 13 percent if it did, 21 percent for Latino children compared to 12 percent, and 18 percent for AIAN children compared to 10 percent.&#8221;<br><a rel=\"noreferrer noopener\" href=\"https:\/\/www.vox.com\/2021\/12\/14\/22826684\/build-back-better-child-tax-credit-expires-poverty\" target=\"_blank\">https:\/\/www.vox.com\/2021\/12\/14\/22826684\/build-back-better-child-tax-credit-expires-poverty<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;For the past six months, families with kids have received monthly payments from the federal government as part of the expanded child tax credit \u2014 a policy that has slashed child poverty in the US.<br \/>\nIf Congress doesn\u2019t act, however, this measure is set to expire for future payments near the end of the month. The last monthly payment was scheduled to go out on December 15, after which these installments will end.&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;The Center on Budget and Policy Priorities, a think tank focusing on social programs, estimates 9.9 million children could fall back into poverty or deeper into poverty if the credit is not extended. It estimates, too, that poverty rates for Black, Latino, and American Indian or Alaska Native (AIAN) children, in particular, will be hardest hit. If BBB doesn\u2019t pass, poverty rates would be 22 percent for Black children compared to 13 percent if it did, 21 percent for Latino children compared to 12 percent, and 18 percent for AIAN children compared to 10 percent.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[905,166,1236,169,542,906,411,150],"class_list":["post-6831","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-bill","tag-child-poverty","tag-child-tax-credit","tag-children","tag-congress","tag-legislation","tag-policy","tag-welfare"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/6831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6831"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/6831\/revisions"}],"predecessor-version":[{"id":6832,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/6831\/revisions\/6832"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}