Today, First Focus Campaign for Children sent a letter to Congressional leaders signed by over 280 organizations calling on them to take action to enhance the Child Tax Credit (CTC) and Earned Income Tax Credit (EITC), and prioritize tax credits supporting our children, youth, and families over tax breaks for large corporations during the closing weeks of the 117th Congress.
Excerpt from the letter:
It is hard to overstate the impact of the CTC and EITC improvements — improvements to the CTC alone were largely responsible for nearly cutting our national child poverty rate in half in 2021, lifting 3 million children — including 1 million children under 6 — above the poverty line. The enhanced monthly tax credits helped households with children catch up on rent and translated to more food on the table for children and warm clothes in the winter. It meant more money for educational resources, music or soccer lessons, or a trip to the zoo.