Fighting Chance for Families is a campaign fighting for the expanded Child Tax Credit to be made permanent.
The Child Tax Credit expansion signed by President Biden in March is one of the most transformative economic investments in decades — helping millions of families make ends meet, significantly reducing child poverty, and helping to build an economy that works for everyone, not just the wealthiest few. But unless we take action, it will expire by the end of the year.
We can’t allow this economic lifeline to be stripped away from millions of families in need. By making the expanded Child Tax Credit permanent, we can grow the economy, help women return to the workforce, and lift millions of children — especially children of color — out of poverty.
The IRS will start disbursing the expanded Child Tax Credit in the form of monthly payments on July 15, which will translate into approximately $250 to $300 for parents, but only through 2021. Now, several Democrats and experts are pushing to make the expansion permanent.
The Child Tax Credit Was Expanded for One Year. Should It Go Longer?
Two progressive groups are launching a new initiative this week urging the permanent extension of an enhanced child tax credit program, arguing that Democrats must embrace the measure as Congress debates its future amid ongoing spending negotiations.
The expanded Child Tax Credit, along with other provisions of the American Rescue Plan, are projected to cut child poverty in half — but this impact will be short-lived unless we make these benefits permanent.
The expanded Child Tax Credit will greatly reduce the racial income gap. Of the children that the expansion will lift above the poverty line, 29% are Black and 41% are Latino.
Two million women were forced from the workforce during the pandemic. The expanded Child Tax Credit will help millions of women afford childcare and return to work.
Polling from Data for Progress shows that voters support the expanded Child Tax Credit by a 22-point margin — including a clear majority of Independents and more than one-third of Republicans.