Here’s what they want…
Recently on NPR, Biden’s Treasury Secretary Janet Yellen said that the child tax credit of $250 to $300 per child every month should become a permanent thing.
According to Breitbart, Yellen stated, “We do want to make sure that every child that’s eligible to receive this tax credit — a very important source of support — will know about it and be able to get it.”
NPR’s Noel King then asked, “Entitlements are difficult to roll back, goes one way of thinking about this. Right now, the child tax credit is a temporary program. Do you think it should become permanent?”
Yellen responded, “Yes, I do. I think it’s a very important program that will do a huge amount to relieve child poverty, which has been a tremendously important problem in the United States. It’s estimated that the American Rescue Plan and, most importantly, because of this child tax credit, is going to be cutting poverty this year by 50 percent. So I think this is something that is very important to continue. I am very hopeful that Congress will decide to include a continuation of this refundable credit — that is now remarkably being paid monthly —I hope it is included in the reconciliation package.”
Should the child tax credit be permanent? Share your thoughts in the comments below…
Image credit: The Times