You Searched For "child tax credit" and got 20 results
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2 mins read
New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan
Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…
Ayelet Sheffey,Juliana Kaplan
2 mins read
Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.
Counties in California, Texas, and Minnesota will vote on tax hikes for childcare. We want to hear …
Allie Kelly
3 mins read
Support like child tax credits and basic income reduces child abuse, researchers found
Doctors found that giving financial support to low-income families could lower rates of child negle…
Allie Kelly
2 mins read
JD Vance tries out a $5,000 expanded child tax credit proposal to secure support from the pro-family crowd
Vance is aiming to position his party as pro-family. But Senate Republicans have so far voted down …
Katie Balevic,John L. Dorman
2 mins read
The House passes a bill to give parents a boosted child tax credit and businesses tax relief
Families that are covered under the legislation could see their 2023 taxes cut by $680.
Juliana Kaplan,Ayelet Sheffey…
2 mins read
New business owners could get a $50,000 tax deduction under Kamala Harris's plan
Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…
Juliana Kaplan
5 mins read
Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment
Illinois' guaranteed basic income program will give no-strings-attached cash to families in the chi…
Allie Kelly
3 mins read
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
4 mins read
How the cost of childcare is expected to change under Trump or Harris
BI looked at Harris and Trump's past track records and proposed policies to see how the election co…
Allie Kelly
5 mins read
The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.
As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…
Madison Hoff
2 mins read
Global government borrowing is set to top $100 trillion — and shows no signs of slowing down
Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…
Theron Mohamed
3 mins read
A bipartisan group of lawmakers' plan to boost the child tax credit for parents would help 'hundreds of thousands of kids get out of poverty,' a top economic official says
Jared Bernstein, a White House top economist, thinks a bipartisan plan to give parents a bolstered …
Ayelet Sheffey,Juliana Kaplan
3 mins read
Kamala Harris' pitch to families struggling to care for both kids and aging parents: Medicare for in-home eldercare
Kamala Harris proposed Medicare coverage for in-home eldercare, which cost families an average of n…
Ayelet Sheffey
4 mins read
A retired couple gets $23 monthly from SNAP and uses credit cards to buy groceries. They worry about going hungry.
Mary Dacus and her husband Stephen receive $23 a month in SNAP benefits. They are one of 40 million…
Allie Kelly,Madison Hoff
5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…
Juliana Kaplan,Bryan Metzger
4 mins read
About 3.5 million more American families went hungry after food prices spiked and the pandemic-era child tax credit ended
Food insecurity in America increased by around 3.5 million to 17 million food-insecure households i…
Madison Hoff
4 mins read
What you need to know about Kamala Harris' 'opportunity economy'
Harris touted her plan to build an "Opportunity Economy" during her first presidential debate with …
Kwan Wei Kevin Tan,Joshua Nel…
3 mins read
Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.
Nearly 10 million children were in poverty in 2023. It could become a key election issue.
Juliana Kaplan,Madison Hoff
4 mins read
JD Vance's plan to lower childcare costs: have grandma and grandpa 'help a little bit more'
Trump's VP pick JD Vance said there should be more options for older family members to assist with …
Eliza Relman,Juliana Kaplan,A…
2 mins read
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…