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The New Child Tax Credit Is Here. Will Millions Get Cash Permanently?

The New Child Tax Credit Is Here. Will Millions Get Cash Permanently?

FromConsider This from NPR


The New Child Tax Credit Is Here. Will Millions Get Cash Permanently?

FromConsider This from NPR

ratings:
Length:
11 minutes
Released:
Jul 20, 2021
Format:
Podcast episode

Description

Tens of millions of American families are beginning to receive direct cash payments as part of the expanded child tax credit, which was part of the COVID relief bill passed back in March. Those payments top out at $3,600 a year per child — an amount experts say could lift tens of millions of children out of poverty. But the expanded credit is only scheduled to last one year. The question now is: will Democrats succeed in making it permanent? Here's a breakdown of what you need to know from NPR's Andrea Hsu.This episode contains excerpts from NPR's daily economics podcast The Indicator. Listen and subscribe via Apple, Spotify, Google, or Pocket Casts. Additional reporting this episode from NPR's Cory Turner and Mara Liasson.In participating regions, you'll also hear a local news segment that will help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Released:
Jul 20, 2021
Format:
Podcast episode

Titles in the series (100)

Every weekday afternoon, the hosts of NPR's All Things Considered help you make sense of a major news story and what it means for you in 15 minutes. In participating regions, you'll also hear from local journalists about what's happening in your community.