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#Child Tax Credit
Sen. Joe Manchin (D-WV) reportedly wants to impose an income cap and work requirement for the reconciliation bill’s child tax credit (CTC) in order to gain his support. A new analysis from the Niskanen Center, a moderate DC-based think-tank, found that Manchin’s $60k a year income cap would cut benefits from 37.4 million children, or 60% of the kids currently receiving the monthly payments.
>In West Virginia, 170,000 children became newly eligible under the tax credit expansion, which was included in Biden’s $1.9 trillion stimulus package passed in March. The changes to the tax credit raised the maximum benefit from $2,000 to $3,600 per child per year and dramatically expanded the share of poor families receiving the credit. In July, the food insecurity rate in West Virginia households with children dropped from 11.6 percent to 8.4 percent, and in September a survey found 86 percent of West Virginians felt the payments had made a “huge difference.”
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“Manchin’s work requirement for child benefits would throw grandparent-led families under the bus,” WaPo.
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“Biden says he does not support adding a work requirement to the child tax credit,” CNN.
#Climate change
A key provision in the reconciliation bill to fight climate change has been dropped due to the opposition of Sen. Joe Manchin...who just so happens to make millions from the fossil fuels industry. The Clean Elect
... keep reading on reddit ➡
https://chng.it/6PKYjQhDfr
