Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and Medicaid cuts.

Six lawmakers on the conference committee are trying to work out the differences between the House and Senate versions of the budget, anticipating a vote next week. Advocates for kids and low-income ...

The “One Big Beautiful Bill” would boost the Child Tax Credit to $2,500 per child, allowing families to keep more of what they earn in their pockets to help cover the ever-increasing cost of ...

By comparison, the House-approved bill would boost the top child tax credit to $2,500 from 2025 through 2028. After that, the credit's highest value would drop to $2,000 and be indexed for inflation.

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...

Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...