Blog Post 1.2 "Child Tax Credit Program"

The extended benefit, which was a part of the Biden administration's American Rescue Plan passed last year, distributed nearly $300 per child every month to millions of American families starting in July. This only lasted six months before it expired in late December. Many critics claimed the expanded credit was not focused enough on families in need. Proponents say it had an immediately positive impact by decreasing child poverty rates by around thirty percent each month. Without this, nearly 10 million children could fall deeper into poverty.


1. How did the American Rescue Plan help families with children? When were they getting these benefits? 

Helped pay for children's necessities. Beginning in July last year and ending six months later

2. What impact did this program have on child poverty?

cut the child poverty rate by 30% each month. 

3. Why did critics think that this program was bad for the country?

Parents could stop working and live off this program.

4. How did the Niskasen Center describe the impact that this program would have on the entire economy?

It would boost customer spending by $27 billion a year and create around half a million full-time jobs.

5. What do you think it means when the article when it describes people "putting the money back into the economy"? How does that impact people who are not receiving the benefits?

Price increases around the economy. They become unable to purchase the same amount of things as they have before.

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