H.R. 1, the One Big Beautiful Bill, manages to be the worst of both worlds. It spends an eye-watering amount our country can ...

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

Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...

As Congress debates major tax reforms, a proven anti-poverty tool hangs in the balance: the child tax credit. This credit reduces a family’s tax bill by up to $2,000 per child, but its current ...

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

This version of the budget bill would contribute to an average net gain of $12,000 to wealthy families and a $1,600 net loss ...

Rachael Maskell, Labour MP for York Central, said: “It is imperative that the Government scrap the two child limit and the ...

“We are absolutely committed to continuing to make the case for a child tax credit,” said Lisa Tepper Bates, president and CEO of the United Way of Connecticut, which collected nearly 1,300 supporting ...

The GOP tax and spending bill raises the child tax credit from $2,000 to $2,200, adjusts it annually for inflation, and ...

The number of Kentucky children who qualify for a tax credit intended to help lift families out of poverty will decrease under the President Donald Trump-backed federal spending bill ...

Families affected by the controversial UK government policy will be able to apply for payments from early next year.

As Congress debates major tax reforms, a proven anti-poverty tool hangs in the balance: the child tax credit. This credit reduces a family’s tax bill by up to $2,000 per child, but its current ...