By the end of Monday, tens of millions of American families will have claimed their child tax credit on their 2023 tax returns. But for many families, that credit will be hundreds, or even thousands, of dollars smaller than it could have been. And all the blame for those smaller credits belong to Senate Republicans. In 2021, the American Rescue Plan temporarily increased the tax credit from $2,000, where it was set under the 2017 tax cuts, to $3,000 (or $3,600 for children under 6). It also made... Read this story
