On the recordJuly 14, 2021
first I want to recognize my colleague from Connecticut, his moving tribute to a great American, and also thank him for his steadfast leadership on issues of gun safety in this country. I am standing here with my colleagues today to talk about what is going on in this country around empowering children. We have a big thing happening tomorrow with the vast majority of families with kids across the country. As of tomorrow, they will start seeing more money in their bank accounts every year for the rest of the year. These payments are the result of changes that we have made to the child tax credit, which was signed into law by President Biden as part of the American Rescue Plan because of the changes we advocated for. What President Biden made law, more families and children are going to benefit from the child tax credit. More than ever before in history, in fact, this will be the greatest cut in overall child poverty in the history of America for this coming year. So starting tomorrow, 90 percent of kids in America--90 percent of their families across the country--will start to see these payments for the rest of this year, up to $300 for every child in a household under 6 and $250 for every child in the household ages 6 through 17. For families in suburbs and cities and rural areas, for families across the country, this policy is transformative.…
Source
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