"Understanding the Potential Recipients of the Expanded Child Tax Credit"

TL;DR Summary
The House has passed a bill to expand the child tax credit, with changes that would particularly benefit low-income families, potentially providing a tax cut for those earning less than $21,000 a year. The bill faces uncertainty in the Senate, with some Republicans expressing reluctance due to concerns about the credit being available to migrants. If passed, the bill could also enhance a tax credit for the construction or rehabilitation of rental housing targeted at lower-income households.
Topics:nation#child-tax-credit#house-of-representatives#low-income-families#politics#senate#tax-policy-center
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