Most parents use child tax credit on food, bills and other necessities, survey finds
By Casey Parks
(Excerpt)
The installments have made a difference for low-income families, said Ashley Burnside, a policy analyst for the Center for Law and Social Policy.
“The monthly payments make it easier for parents to budget for financial emergencies that can come up throughout the year,” Burnside said. “It makes it easier for them to afford expenses as they come up, and it’s something that they can rely on as they budget.”
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Source URL: https://www.washingtonpost.com/dc-md-va/2021/11/18/child-tax-credit-spent-on-bills/
