Today is a historic day for our country. Because beginning this morning, nearly all working families started receiving their first tax cut payment from the Child Tax Credit of up to $300 per child.— President Biden (@POTUS) July 15, 2021
Help is here with the American Rescue Plan.
To give you a sense of how transformative the expanded Child Tax Credit is: It’s going to spur the largest-ever one-year decrease in child poverty in American history.— President Biden (@POTUS) July 15, 2021
Every Republican in Congress voted against expanding the Child Tax Credit.— Adam Schiff (@RepAdamSchiff) July 15, 2021
Every. Single. One.
But despite their opposition, those checks are hitting American families' bank accounts today.
And they're projected to cut child poverty in HALF.
If you’re one of the 39 million households receiving their first Child Tax Credit payment today, don’t forget that every single Republican voted against it.— Robert Reich (@RBReich) July 15, 2021
As a childless person, I am THRILLED that the child tax credit checks are going out this week. When children and families are well-cared for, we all benefit.— The Disordered Cosmos by Chanda Prescod-Weinstein (@IBJIYONGI) July 15, 2021
It is super weird that Republicans are not being asked why they oppose the child tax credit. It’s popular, efficient, and effective. But, I guess, critical race theory Ebola inflation caravan.— Brian Schatz (@brianschatz) July 15, 2021
The expanded Child Tax Credit is one of the largest-ever single-year tax cuts for families with children. And it’s a reflection of my belief that the people who need a tax cut aren’t those at the top. It’s the folks in the middle, and the folks who are struggling.— President Biden (@POTUS) July 15, 2021