July 27, 2021

CNBC: Stimulus checks and child tax credit payments help prompt calls to expand another credit benefitting workers

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The stimulus checks and monthly child tax credit payments have helped increase the understanding of how money can serve as a tool to help people who are struggling, he said.

“When you give people cash, you give people the tools to solve their own problems,” Ruben said.

Without any further changes, the enhanced EITC will expire. Workers under age 25 and over 64 with no children would receive no benefit, said Aidan Davis, senior policy analyst at the Institute on Taxation and Economic Policy. Read more