Summary The 2021 expanded Child Tax Credit (CTC) provided temporary enhancements to the existing CTC for the tax years 2021 and 2022. Under the expanded credit, families with children under the age of 18 were eligible to receive a credit of up to $3,000 per child ($3,600 for children under the age of 6). In […]
Tag: CTC
Expanded Child Tax Credit Payments Supported Families Raising Children with Disabilities
Summary The 2021 expanded Child Tax Credit (CTC) provided temporary enhancements to the existing CTC for the tax years 2021 and 2022. Under the expanded credit, families with children under the age of 18 were eligible to receive a credit of up to $3,000 per child ($3,600 for children under the age of 6). In […]
Expansion of Child Tax Credit Helped Feed Children in West Virginia (Links to an external site)
West Virginia Public Broadcasting interviewed Leah Hamilton, associate professor at SPI, about the effects of the child tax credit on families, highlighting SPI’s finding that 52% of West Virginian parents reported spending the payment on food.
As the child tax credit draws to a close, yet another study highlights its positive impact (Links to an external site)
Marketplace references an SPI study on the expanded child tax credit which examined the ways in which CTC recipients used the payments.
Experts wrangle over impact of now-defunct expanded child tax credit (Links to an external site)
Deseret News highlights a recent SPI study on the expanded child tax credit, examining the ways in which parents used the payments.
Brookings survey discusses tax credit (Links to an external site)
The Intelligencer highlighted the recent SPI study looking at how parents used the payments not only for basic needs, but also to invest in their children’s futures.
Child Tax Credit Payments Helped Parents Avoid Selling Plasma, Taking Payday Loans (Links to an external site)
HuffPost highlights findings from an SPI study on the CTC that show the payments enabled many parents to stop resorting to risky ways to make ends meet.
New report suggests Child Tax Credit reduced usage of high-cost financial services
Press Release: April 14, 2021 St. Louis (April 14, 2022)— In a new report published with the Global Economy and Development program at Brookings Institution, researchers at the Social Policy Institute at Washington University in St. Louis and Appalachian State University found that families who were eligible for the child tax credit (CTC) experienced improved nutrition, decreased […]
Many parents relying on the Child Tax Credit left the workforce after payments expired (Links to an external site)
Yahoo Money interviewed Stephen Roll, research assistant professor at SPI, about the spike in unemployment in parents following the termination of the CTC payments.
Study Finds Employment Declined for Parents After Ending Monthly CTC Payments (Links to an external site)
Basic Income Today featured results from an SPI study on the child tax credit, finding that the termination of the CTC was followed by households experiencing decreased employment.
Study Counters Claims That the Child Tax Credit Increased Unemployment (Links to an external site)
The National Interest cites a recent SPI study by Stephen Roll, Yung Chun, and Leah Hamilton, that found no evidence that the increased payments led to parents leaving their jobs.
Expanded Child Tax Credit payments have not reduced employment
Approximately 60 million American children living in 35 million households received monthly payments from the federal government as part of the temporary Child Tax Credit (CTC) expansion. Discourse over whether or not the expanded CTC caused parents to leave the workforce emerged during the period of the expanded credit. On one side, a large number […]
Child Tax Credit helped some parents start their own business, study finds (Links to an external site)
Stephen Roll, associate director of research at the Social Policy Institute, was interviewed by Yahoo! Money about a recent survey that found that employment did not decline during the period that the Child Tax Credit was in effect.
With the support of the child tax credit, some parents launched businesses last year (Links to an external site)
CNBC News interviewed Stephen Roll, SPI research assistant professor, about the effects of the child tax credit on families and the workforce.
Study: Enhanced Child Tax Credit Helped Parents Start Own Businesses (Links to an external site)
The Center for the National Interest highlighted SPI’s study finding that the Child Tax Credit supported parents to start their own small businesses.
Study finds more entrepreneurship among Child Tax Credit recipients (Links to an external site)
AS news summary featured an SPI study which found no evidence that the child tax credit payments negatively affected employment.
Murphy: I’m 25. I don’t have children. But I know the Child Tax Credit is an opportunity we can’t afford to miss. (Links to an external site)
Loudoun Times-Mirror cites results from a recent SPI study which examined the impact of the CTC on employment.
Money on the table: child credit $ available via tax returns (Links to an external site)
The Associated Press shared research from SPI that found that the Child Tax Credit hasn’t changed employment.
Analysis: Child Tax Credit Did Not Cause Labor Force Exit (Links to an external site)
The Center for the National Interest discussed SPI’s recent Child Tax Credit (CTC) study which found that the CTC did not create a significant change in the labor force.
Study: Expanded child tax credits did not reduce employment (Links to an external site)
Phys Org published an article from The Source which shared results from an SPI study finding that the child tax credit payments did not affect employment.
Expanded Child Tax Credit didn’t cut labor force (Links to an external site)
Futurity shared a recent analysis by researchers at SPI and Appalachian State University which found no evidence that the child tax credit payments encouraged unemployment.
Expanded child tax credits did not reduce employment, study finds (Links to an external site)
The Source shares results from a recent SPI study which shows that employment among parents did not decrease following the child tax credit payments.
What’s Happening With The Child Tax Credit (Links to an external site)
Forbes interviewed Dr. Leah Hamilton, SPI faculty affiliate, about the additional benefits of the CTC due to its lack of work requirement conditions for parents.
The expanded child tax credit briefly slashed child poverty. Here’s what else it did (Links to an external site)
NPR highlights a recent SPI study which analyzed spending data to find the ways in which families utilized their child tax credit payments.
Put partisan politics aside — The Child Tax Credit must be renewed immediately (Links to an external site)
The Hill shares results from an SPI study which shows the benefits of the CTC for low-income families.
Congress must renew expired child tax credit (Links to an external site)
The Baltimore Sun highlights a recent SPI study which analyzed how unemployment was affected by the child tax credit payments.
Joe Manchin worried child tax credit would lead to smaller workforce, but job numbers rose (Links to an external site)
Newsweek highlights a recent study from SPI and Humanity Forward which found that most parents planned to keep working after receiving the CTC.
Monthly child tax credit payments have stopped. Will they be back? (Links to an external site)
Deseret News highlighted results from an SPI study analyzing the impact of the child tax credit payments.
The Child Tax Credit is helping Clevelanders, but some families have missed out (Links to an external site)
Ideastream Public Media highlighted SPI’s study showing that the most common way Ohioan families are spending the CTC payments is on essential items.
GOP senator wants to strip child tax credit from nonworking parents (Links to an external site)
The American Independent quoted an SPI study on the usage of the expanded child tax credit in an article combatting criticism of the payments.
To achieve their full potential, enhanced child tax payments must remain monthly – Press Telegram (Links to an external site)
Leah Hamilton, SPI faculty affiliate, discusses SPI findings while arguing for the continuation of CTC payments in an article for the California News Times.
Child tax credit close to lapsing as December checks go out (Links to an external site)
CBS 12 reports on the future of the CTC while highlighting SPI’s study on families’ usage of the payments.
COVID-expanded child tax credit benefit nears lapse – Boston 25 News (Links to an external site)
Boston 25 News reports SPI findings that families in New Mexico spent almost 46% of their CTC payments on food. This article was syndicated by Westport News.
Child tax credit benefit launched during COVID nears lapse (Links to an external site)
PBS highlights SPI’s findings on the ways in which families in New Mexico are using the expanded CTC payments.
Child tax credit close to lapsing as December checks go out (Links to an external site)
California News Times cited SPI’s study on the usages of the CTC by families in New Mexico in an article about the future of the expanded payments.
Allowing the expanded child tax credit to expire would be a major mistake (Links to an external site)
Vox cites Stephen Roll, SPI research professor, about the potential consequences of ending the CTC payments.
U.S. Census Data Shows Child Tax Credit Promotes Work, Entrepreneurship (Links to an external site)
Yahoo references an SPI study whose findings show that the CTC has enabled low-income families to work.
Child Tax Credit is Driving Americans Toward Entrepreneurship, Has little Effect On Workforce (Links to an external site)
SPI’s latest Child Tax Credit research, released in an exclusive with the Daily Caller, suggests that the expanded CTC payments have little to no impact on the workforce. This contradicts predictions that the payments would exacerbate the labor shortage. This article was syndicated by Shore News Network.
Nevada families have netted $750 million from child tax credit so far this year (Links to an external site)
The Nevada Current cites a Social Policy Institute survey finding that payments from the expanded child tax credit were associated with a decrease in food insufficiency and is enabling parents to save for their children’s futures.
33% of Ohioans missing out on child tax credit (Links to an external site)
Axios discussed recent SPI findings that of the estimated 92% of Ohio families eligible for the expanded Child Tax Credit, only two-thirds have received it.
Funding for monthly child tax credit through 2022 included in Build Back Better act (Links to an external site)
KTTN News interviewed Stephen Roll, assistant research professor at SPI, on the effects of child poverty and the expansion of the Child Tax Credit as a possible solution.
Calls to Shore Up Child Tax Credit Long-Term in Build Back Better Act (Links to an external site)
KMA radio interviewed Stephen Roll, assistant research professor at SPI, about the expansion of the child tax credit as a solution to increased financial instability in low-income families.
D.C. orgs help families utilize child tax credit (Links to an external site)
Following Biden’s plan to extend the child tax credit for another year, Axios shares an SPI study, finding that only about half of all eligible D.C. families received the CTC payments between July and September 2021.
Child tax credits brings Nevada families more than $600 million since July (Links to an external site)
The Nevada Current shares recent SPI findings that the expanded child tax credit is helping parents save for their children’s future and is linked to a decrease in food insufficiencies.
Democrats may let the best weapon against child poverty fade away (Links to an external site)
Vox interviewed Stephen Roll, research assistant professor at SPI, about the expansion of the child tax credit and possible effects of ending the program.
The Child Tax Credit could be Biden’s bipartisan silver bullet (Links to an external site)
Leah Hamilton, faculty affiliate at SPI, highlights the expanded child tax credit as a possible solution to helping families escape poverty in an article on Fortune.
Democrats are pushing for permanent monthly child tax credit payments. They might have to settle for a one-year extension. (Links to an external site)
CBS News discussed SPI findings on how parents are spending their child tax credit in a conversation about the future of the expansion of the payments.
Will The New Child Tax Credit Be Extended? Millions Of Families Anxiously Await Action (Links to an external site)
Forbes shares statistics from an SPI national survey about how parents plan to use their child tax credit while discussing the future of the payments.
Main Street Alliance: Wisconsin small biz supports enhanced child tax credit (Links to an external site)
WisBusiness interviewed Stephen Roll, research assistant professor at SPI, on the potential of the child tax credit expansion to bolster small businesses.
How Families are Spending the Expanded Child Tax Credit (Links to an external site)
Survey results from a report by the Social Policy Institute at Washington University in St. Louis show that families are using the child tax credit to care for their children.