Democrats Make Politically Risky Bet on Monthly Child Tax Credit
By Laura Davison
(Excerpt)
Advocates for the monthly distributions say the recurring payments mean households will be more easily able to pay for unexpected bills and handle financial emergencies.
“This matches how families pay bills and pay expenses every month,” said Ashley Burnside, a policy analyst at the Center for Law and Social Policy. “You can use the child tax credit payments to meet those rather than wait for months to get the annual lump sum at tax time.”
Read the full article here.
Source URL: https://www.bloomberg.com/news/articles/2021-07-10/democrats-make-politically-risky-bet-on-monthly-child-tax-credit
