I'm Just a Bill: Child Tax Credit Expansion
👀 I’m Just a Bill — Child Tax Credit Expansion A Liana Banyan “I’m Just a Bill” Bounty Poster What is this bill? Expansion of the federal Child Tax Credit (CTC) in the 119th Congress, addressing the documented child-poverty reduction the 2021 expanded CTC achieved before it expired. What does it actually do? Increases maximum CTC amount per child Full refundability for lowest-income households (current structure phases in) Monthly payment option restored (versus annual lump sum) Age expansion for qualifying children Phase-out adjustments for higher-income households Who votes when? House Ways & Means + Senate Finance active consideration; historically bipartisan if smaller How does this affect cooperative-class families? The 2021 expanded CTC cut child poverty by ~half during its operative period. Reinstatement directly affects cooperative-class member family budgets, MSA contribution capacity, and Family Table Trust Graph stability. ...