News Round Up: July 19, 2021
Top Story: The IRS’s online Child Tax Credit (CTC) eligibility tool became available in Spanish last week, ahead of the credit’s first monthly payments on July 15. (IRS)
- Spotlight on Poverty and Opportunity and the American Academy of Political and Social Science will host a panel discussion on the CTC expansion and innovative policy solutions to boost family income on July 26. Register here.
- A new report from the Center on Budget and Policy Priorities (CBPP) analyzed data revealing economic insecurity was widespread before the pandemic and recommended strong recovery legislation, including permanently expanding the Earned Income Tax Credit (EITC) and CTC. (CBPP)
- A new podcast from the Brookings Institution featuring economist and CBPP founder Robert Greenstein examined the impact that the expanded CTC will have on reducing child poverty. (Brookings)
- A new Q&A with the Columbia University Center on Poverty and Social Policy (CPSP) co-director and director of policy reviewed the history of the CTC and research that helped support the credit’s 2021 expansion. (Columbia University)
- The Massachusetts State Legislature recently passed a 2022 budget, which will make the state’s Child and Dependent Care Tax Credit refundable and provide an additional $16 million to over 85,000 families every year. (The Millbury-Sutton Chronicle)
- The Annie E. Casey Foundation’s 2021 KIDS COUNT Data Book urged policymakers to take action to better aid families across the country and to permanently expand the CTC. Read our blog post.