News Round Up: October 26, 2021
Top Story: A new report from the Center on Budget and Policy Priorities (CBPP) found that if the expanded Child Tax Credit (CTC) is not extended, five million children with veteran or active-duty parents will receive a reduced credit or no credit at all. (CBPP)
- A new issue brief from the Center for American Progress (CAP) advocated for expanding the Earned Income Tax Credit (EITC) and CTC as key policy measures that could help end poverty for Native American women. (CAP)
- A new brief from the Institute on Taxation and Economic Policy (ITEP) provided an overview of the value of federal and state EITCs for improving equity, particularly for Black and Hispanic communities. (ITEP)
- A new blog post from CBPP examined data showing that 91% of low-income families are using their monthly CTC payments for essential household expenses or education costs. (CBPP)
- A new fact sheet from the U.S. Department of Health and Human Services (HHS) Administration for Children and Families highlighted new or expanded support for low-income families, including the monthly CTC and the expanded Child and Dependent Care Tax Credit (CDCTC). (HHS)