The earliest child tax credit payments meant 3.3 million households with kids had enough to eat

The American Rescue Plan in March expanded the existing child tax credit, adding advance monthly payments and increasing the benefit to $3,000 from $2,000 with a $600 bonus for kids under the age of 6 for the 2021 tax year.

The first half of the credit is being delivered in monthly direct deposits through December of $300 for children under 6 and $250 for those aged 6 to 17. The second half will come when families file their 2021 tax returns next year. The enhanced credit also made the money – and monthly payments – available to some 27 million children who either previously got partial credit or missed out on the benefit because their families didn't earn enough income.

"It's not just that some families that were already receiving the credit are now seeing larger amounts," said Zippel. "It's also that we have a significant number of the lowest incomes who are newly eligible for the credit for the first time."

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Biden's child tax credit kept 3 million children out of poverty in just its first round of paymentsBased on the pulse survey, the child tax credit may have helped reduce the share of households with children who say they sometimes or often don't have enough to eat with trafficking? These are the people who think it’s great to get a tax refund, loaning their money to the government all year like it’s a good thing… Yahoo Ya! Sure it did!
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