INSIDER
Child tax credit tussle reflects debate over work incentives
Read full article: Child tax credit tussle reflects debate over work incentivesPresident Joe Biden and leading Democratic lawmakers, including Colorado Sen. Michael Bennet and Connecticut Rep. Rosa DeLauro, have been fighting to make permanent a child tax credit that would give families at least $300 a month per child.
Single San Antonio mother among those to benefit from expanded child tax credit
Read full article: Single San Antonio mother among those to benefit from expanded child tax creditBut when Esquivel learned it would involve $250 monthly payments from the now expanded child tax credit, she said, “Oh, that’s pretty good.”What had a been a yearly $1,000 tax credit is now $3,000 for every child ages 6-17 and $3,600 for every child under age 6. Esquivel’s financial strategy came as no surprise to Sandra Morales, who is Esquivel’s employer at the House of Neighborly Service, a social service agency on the West Side for 100 years. “Ultimately, as a parent, you put the needs of your child first.”Morales said it’s been her experience that the people who come to the House of Neighborly Service aren’t looking for handouts. In fact, Esquivel said it wouldn’t bother her if the one-year expanded child tax credit does not become permanent. Morales also said she believes the expanded child tax credit will help dramatically reduce the child poverty and food insecurity that can lead to intellectual disabilities and less opportunities.