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What The End Of The Child Tax Credit Means For Childhood Poverty

1A

NPR

News

4.34.5K Ratings

🗓️ 13 January 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

The advanced child tax credit has ended. Families will have to pay for rent, food, and child care without that help from the federal government.

The credit, however, wasn't meant to be temporary. But since Congress chose not to save it after failing to pass President Joe Biden's Build Back Better Act, December was the last month families received that monthly few hundred dollars.

We talk about how the child tax credit could have been the key to ending childhood poverty for millions of Americans.

This show is a part of our listener-suggested series. At the beginning of the year, we ask our listeners what topics they want to learn more about.

Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Find us on Twitter @1A.

Transcript

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0:00.0

Today we're digging into the Expanded Child Tax Credit as part of our listener picks

0:12.1

series.

0:13.1

The idea for today's show comes from Brian on Facebook.

0:16.8

Brian wrote,

0:17.8

How does the low quality of life for the poorest Americans affect the rest of us?

0:22.4

And what are the solutions that really work to raise everyone up?

0:26.0

One of those solutions is top of mind for a lot of parents.

0:29.2

The end of the Expanded Child Tax Credit.

0:31.6

That means starting this month, over 35 million families will go without the federal payments

0:36.0

that help them pay for rent, food, and childcare.

0:39.3

The Expanded Child Tax Credit was part of President Biden's Build Back Better Act.

0:43.4

Its failure to pass means an end to the monthly checks that families received since July

0:47.6

of last year.

0:48.9

Those checks ran as much as $300 per child per month.

0:52.6

According to researchers at Columbia University, the Child Tax Credit kept almost 4 million

0:57.6

kids out of poverty in November, and researchers at the Urban Institute believe that keeping

1:02.5

the monthly payments would lead to a 40% decrease in childhood poverty overall.

1:08.1

After the break, we'll dig into the Expanded Child Tax Credit and how it could be the

1:11.8

key to ending childhood poverty for millions of Americans.

1:15.6

I'm Jen White.

1:16.8

This is the 1A podcast where we get to the heart of the story.

1:20.6

Remember to join future conversations, download our 1A Vox Pop app and leave us a voice

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