CBS Philadelphia: Child Tax Credit: How Much Money Can Parents Expect In Monthly Payments?

he Institute on Taxation and Economic Policy believes that households accounting for 83 million children would benefit to some degree. Anywhere from eight to 12 million children live in households facing food insecurity due to lack of money, according to recent Census data from late 2020. Estimates suggest that expanding the Child Tax Credit would push 9.9 million children beyond or closer to the poverty line. Read more