FACT SHEET: The American Families Plan Advances Equity and Racial Justice

White House. April 2021. President Joe Biden announced his American Families Plan last week, proposing expansions to the Child and Dependent Care Tax Credit (CDCTC), Earned Income Tax Credit (EITC), and Child Tax Credit (CTC). The ambitious plan received praise from organizations including the Center on Budget and Policy Priorities (CBPP), Center for American Progress, Institute on Taxation and Economic Policy (ITEP), and the Center for Law and Social Policy. https://www.whitehouse.gov/briefing-room/statements-releases/2021/04/29/fact-sheet-the-american-families-plan-advances-equity-and-racial-justice/