Politics & Finances

Dozens of Capitol Hill Dems. Urge Extended Child Tax Credit

Dozens of Capitol Hill Dems. Urge Extended Child Tax Credit

Dozens of House Democrats on Capitol Hill are urging an extended version of the child tax credit (CTC) during Congress's lame-duck session.

A lame-duck session, for those unfamiliar with the term, occurs when Congress is in session after a November election -- this year's occurs on November 8 -- and before the beginning of the new Congress.

The Hill reports that "members of the New Democrat Coalition — the largest Democratic coalition in the House — penned a letter to Speaker Nancy Pelosi (D-CA), House Majority Leader Steny Hoyer (D-MD) and Whip James Clyburn (D-S.C.) on Thursday requesting that they 'prioritize the enhanced [child tax credit] in any end-of-year package.'"

Last month, key Democratic players bolstered their efforts to see the CTC extended. 

According to the Columbia University Center on Poverty & Social Policy, 3.7 million more children are now living in poverty due to the expiration of the monthly Child Tax Credit payments, with minority Latino and Black children facing the largest percentage-point increases.

Michael Bennet (D-CO) has been a particularly vocal proponent of expanding the credit. He previously told Axios, “It is a priority for the White House and it's absolutely a priority for me. We should have never allowed it to sunset, and I think we can find a way at the end of the year."

In a statement issued Tuesday, September 13, Bennet was joined by fellow Senator Cory Booker (D-NJ) and Representatives Rosa DeLauro of Connecticut, Ritchie Torres of New York, and Suzan DelBene of Washington. In part, the statement read, "We should not extend corporate tax breaks at the end of this year without also extending the expanded Child Tax Credit." It is worth noting that there has also been Republican support for some type of extension. In July, Senator Mitt Romney (R-UT) was joined by two other Senators in introducing the Family Security Act 2.0. 

At the time, a CNBC report shared the following details:

The proposal, called the Family Security Act 2.0, was created by Republican Sens. Mitt Romney of Utah, Richard Burr of North Carolina and Steve Daines of Montana, who describe it as a “pro-family, pro-life and pro-marriage plan.”

You can learn more about the Child Tax Credit on its official White House information page.

Do you believe the expanded Child Tax Credit program should be extended?

You Might Also Enjoy:

share this post
Search for matches...
Rebekah Barton

Rebekah Barton

Rebekah's search engine optimization career began completely by accident as a college student. Over the course of her career so far, she has "grown up" with the SEO industry, from writing content while juggling classes to managing her own teams of writers and overseeing SEO strategy in subsequent roles. She is excited to bring her passion for high-quality content to CountingWorks, Inc.

Recommended Professionals

In the face of economic uncertainty, TaxBuzz is the industry's most up-to-date tax information.

Join 60,000 who get our weekly newsletter. No spam.

Need help selecting a firm?

Use our specialized search engine and get matched to the best accounting and tax firm for your needs.

Related Posts

Latest Posts