During the election cycle, candidates proposed expanding the child tax credit from $2,000 to as much as $6,000, but major expansions are now unlikely.
The 2021 expansion of the child tax credit saw families receiving $3,000 or $3,600 per child and cut child poverty in half, highlighting its potential effectiveness.
The 2017 Tax Cuts and Jobs Act increased the child tax credit to $2,000 for families earning up to $400,000, yet left many of the poorest families out.
After the 2021 expansion expired, 18 million children lost eligibility, indicating significant disparities in how the tax credit impacts children of color and low-income families.
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