Niskanen Center

Although the program has only been in place for a month, Americans are already experiencing the benefits of the Child Tax Credit. Part of the American Rescue Plan, the program has alleviated a lot of stress with the distribution of the first round of checks, according to a new survey by the U.S....

An important part of the 2021 American Rescue Plan: the Child Tax Credit. Bipartisan approval enabled the credit’s expansion, meaning that as of July 15 nearly 60 million children in 39 million households were receiving benefits of $3,000 per child per month, and up to $3,600 for...