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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   


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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   


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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   


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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   


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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   


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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…   


Juliana Kaplan,Ayelet Sheffey   


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Mitt Romney introduces new plan to send most parents up to $350 monthly checks per kid

Romney wants a $10,000 income requirement for families to qualify for full direct payments. He's se…

Joseph Zeballos-Roig   


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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   


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4 mins read

Union Budget 2024-25 key highlights: Angel tax to be scraped

You can watch the presentation live on the official Youtube channels of the government. After her s…

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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   


Ayelet Sheffey,Juliana Kaplan   


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A GOP senator wants to fix a big flaw in the child tax credit so it pays out more when prices rise

The plan from Sen. Chuck Grassley does not restructure the program into a monthly cash benefit like…

Joseph Zeballos-Roig   


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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   


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Democrats lost a 12-point edge among voters who received expanded child tax credit payments, GOP now holds slight lead: poll

Among all voters, 43% would back a Democrat if the election were held today, while 43% would vote R…

John L. Dorman   


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Biden indirectly blames Joe Manchin for demise of the monthly child tax credit, lumping him alongside the GOP

"We lack one Democrat and 50 Republicans," Biden said, a tacit admission that the expanded child ta…

Joseph Zeballos-Roig   


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Vermont will start sending $1,000 checks to parents, stepping up after Congress failed to renew their program

Monthly child tax credit checks to parents ended across the country in December. Now Vermont is sta…

Juliana Kaplan,Joseph Zeballo…   


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2 mins read

GOP Senate candidate David McCormick has up to $2.2 million in a 'dynasty trust' that allows him to evade wealth taxes potentially forever

"Dynasty trusts" allow their holders to avoid estate taxes for an extremely long time: 800 years in…

Bryan Metzger   


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3 mins read

Wisconsin Democratic Senate candidate Mandela Barnes calls for expansion of Child Tax Credit as party makes appeals to middle-class voters amid inflation

Barnes' economic plan would also include provisions to permit Medicare to negotiate drug prices and…

John L. Dorman   


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2 mins read

Permanent monthly checks for parents would have a 1,000% return on investment, study says

For the second half of 2021, Biden's administration distributed monthly checks to parents. Making t…

Juliana Kaplan