Last Child Tax Credit check set to go out. That could push millions of kids into poverty.

[mystery-ak]

Last Child Tax Credit check set to go out. That could push millions of kids into poverty.

By Aimee Picchi

December 15, 2021 / 8:30 AM / MoneyWatch

Millions of Americans have weathered the COVID-19 pandemic with the help of direct cash payments from the U.S. government, via stimulus checks, extra unemployment benefits and the expanded Child Tax Credit. But that last financial buffer may come to an end on December 15 when the IRS sends out the sixth — and potentially last — check to parents.

That would close the door on the nation's biggest federal cash-assistance programs, which began in 2020 with the first stimulus check and expanded unemployment aid. As those two programs ended earlier this year, the Child Tax Credit went into full swing in July, directing as much as $300 per month to families for each eligible child.

Experts credit those six months of direct payments with helping millions of low- and middle-income families afford basics like food, rent and car repairs, as well as child expenses like clothing and education. Without that aid, almost 10 million children may slip back into poverty, according to a recent analysis from the left-leaning Center on Budget and Policy Priorities.

more
https://www.cbsnews.com/news/child-tax-credit-2021-december-last-payment/

[DefiantMassRINO]

Why are so many families with children poor to begin with?

If tens of millions of children live in poverty, isn't that a statement that the system is failing?

[andy58-in-nh]

Maybe it's time that fathers of a certain definable demographic were encouraged to stay with their families, get jobs and stop living off the backs of taxpayers.

[GtHawk]

Who thinks thinks all but pennies on the dollar of this money actually went towards food and clothing for these children instead of drugs, alcohol or toys for these impoverished parents?

[mystery-ak]

Pelosi downplays odds of standalone child tax credit extension
https://thehill.com/homenews/house/585951-pelosi-downplays-odds-of-standalone-child-tax-credit-extension

[Cyber Liberty]

Why are so many families with children poor to begin with?

If tens of millions of children live in poverty, isn't that a statement that the system is failing?

Leftists would agree that the system is "failing," and the solution is to dump even more taxpayer money down that rat hole.

[DefiantMassRINO]

People shouldn't be dependent upon the Government for subsistence.  And Government shouldn't be encouraging greater dependence upon it for subsistence.  Government subsidy of inefficiencies only leads to greater inefficiencies.

Imagine how much more affordable housing and college would be if Government wasn't subsidizing the naturally unaffordable.

Without Government demand-side subsidies, prices of college education and housing would have to decrease to support what the demand-side was naturally able to pay.

Government involvement in demand-side financing naturally unaffordable housing and education is only increasing their unaffordability.