On the recordMay 12, 2021
In March, the House passed and President Biden signed into law the American Rescue Plan. This bill expanded the child tax credit in an unprecedented way. Experts predict that this expansion will cut childhood poverty in this country by one half. Thanks to the efforts of the American Rescue Plan and the Biden administration's rollout of the vaccine, we are finally starting to see light at the end of the tunnel for this pandemic. But vaccines alone will not be enough to end the economic crisis caused by this virus. This pandemic exposed and worsened longstanding economic issues in our society, wages that are too low, childcare that is inaccessible, and a lack of paid leave to allow workers the ability to properly care for themselves and their families. Policies like the expanded child tax credit are essential to our economic recovery to help working parents, especially mothers, reenter the workforce knowing their children are safe and cared for. ____________________
Source
govinfo.gov




