The law Republicans passed last year has so far been largely imperceptible to most Americans. That’s changing as tens of millions file their taxes this spring.
Category: Child Tax Credits and Stipends
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‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season
The New York Times – Business: -
US Poverty Rate Was Stable in 2024, as Household Income Rose Slightly
As pandemic subsidies disappeared, wages kept workers just ahead of inflation, although gaps have widened for some groups.
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Study Undercuts Idea That Cash Payments to Poor Families Help Child Development
Rigorous new research appears to show that monthly checks intended to help disadvantaged children did little for their well-being, adding a new element to a dispute over expanded government aid.
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Tax Credit Increase Would Exclude Millions of Low-Income Children, Study Finds
The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or lack jobs.
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Trump’s New Tax Cuts Could Shower Americans With Cash, for Now
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
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They Want More Babies. Now They Have Friends in the Trump White House.
Advocates of higher birthrates have support in the Trump administration. But it’s unclear whether their priorities will win out.
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Trump and Harris Embody a Stark Partisan Divide on Fighting Poverty
The two presidential candidates can both point to records of pushing poverty rates down, but their approaches could hardly be more different.
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Care Policies Take Center Stage in Harris’s Economic Message
The Democratic nominee says she wants to make raising a family more affordable. But she has provided few details on her proposals.
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Harris and Trump Offer a Clear Contrast on the Economy
Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.
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What’s in the New Tax Deal?
Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the long run.
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Lawmakers Strike Tax Deal, but It Faces Long Election-Year Odds in Congress
A $78 billion package to revive an expansion of the child tax credit and expired business breaks has drawn bipartisan support in the House and Senate.