New Bill Could Slash U.S. Child Poverty By Two-Thirds: Analysis
Two progressive U.S. lawmakers on Thursday introduced a bill that would replace the expired federal child tax credit with more generous benefits.
Millions of poor and working-class American families were affected by the recent lapse of the benefit.
Democratic Congresswomen Rashida Tlaib of Michigan and Mondaire Jones of New York introduced the End Child Poverty Act.
It would replace the expired child tax credit with a $393 per child monthly family payment.
The measure also would provide an annual $600 fully refundable credit for adult dependents, replacing the current nonrefundable $500 credit.
It would also provide another annual $600 fully refundable credit for single tax filers or $1,200 for married filers.