Tag: child tax credit
The Child Tax Credit Was a Little Too Subtle
Why doesn’t anyone care about the expanded child tax credit? A $100 billion policy—effective, important, elegantly designed, competently managed, and noncontroversial—is gone, at least for now. And nobody, save for a few politicians and wonks, seems to have noticed or to care.
The expanded child tax credit (CTC) provided no-strings-attached cash payments to 39 million families in 2021 and 2022, lifting millions of kids over the poverty line. But
The Curse of a President’s Second Year
It’s common now for Democrats to argue that the agenda they are struggling to implement on Capitol Hill represents the party’s most ambitious since the “Great Society” Congress convened in 1965. That’s a reasonable assessment—but one that the party today should consider as much a warning as an inspiration. Under the relentless prodding of President Lyndon B. Johnson, the Democratic-controlled House and Senate passed landmark legislation at a dizzying pace during that legendary 1965–66 legislative session.
Over those two years,
Jeffrey Goldberg and Nancy Pelosi Q&A
Nancy Pelosi is juggling a series of looming deadlines. House Democrats must avoid a government shutdown and federal default, and they need to reach a consensus on advancing President Biden’s agenda through two different bills. This week, Pelosi announced that she would move to vote on the $1 trillion infrastructure bill on Thursday, even as progressives vowed not to support it unless a $3.5 trillion spending bill also passes. But despite the bind that Democrats are in, the House Speaker
The New Child Tax Credit Could Miss Millions of Kids
On a weekday evening in early July, Jim Lysen, a retired health-clinic director, and Ed Fallon, a grandfather and veteran, ignored the pouring summer rain as they knocked on the front door of a townhouse in an affordable-housing development on the banks of the Androscoggin River in Lewiston, Maine.
“I am a volunteer with the Maine People’s Alliance, and we’re making sure people know about the child tax credit,” Lysen said. “That’s another stimulus payment?” a grandmother named Eileen Pelletier