More than 30 million families to lose child tax credit checks starting this weekend
By Aris Folley - 01/14/22 06:00 AM EST
Millions of families this weekend will stop receiving monthly child tax payments for the first time in months after Congress failed to pass an extension of the expanded credit.
As lawmakers struggle to revive talks to renew the expansion, more than 30 million families that have been receiving the monthly payments since last July will not see another round on Jan. 15.
Democrats temporarily expanded the child tax credit in early 2021 as part of a sweeping coronavirus relief package enacted under President Biden.
Under the expansion, Democrats removed work requirements for the credit, raised the maximum credit amount and allowed those eligible to access half of the credit amount through monthly payments.
Many Democrats and advocates have called for expanded credit to be made permanent, touting it as significant contributor to reducing child poverty by allowing those in the lowest income households to access the full amount, as well as a means to help provide relief to middle-income families.
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https://thehill.com/policy/finance/589704-more-than-30-million-families-to-lose-child-tax-credit-checks-starting-this