As Americans are advised to "lower expectations" there's still a great deal of "stimmy" left on the table.
Accordingly, Kansas City's top ranking politico is still seeking advice from his constituents.
Here's the word . . .
Congressman Cleaver Newsletter: Your Opinion on the Expanded Child Tax Credit
When Congress passed the American Rescue Plan Act with an expanded Child Tax Credit, we did so knowing that a tax cut was desperately needed for families struggling to stay afloat due to the COVID-19 pandemic. According to the Joint Economic Committee (JEC), the expanded tax credit has benefited more than 36 million American families, including nearly 49,000 in the Fifth Congressional District of Missouri. The new and improved Child Tax Credit, which was boosted from $2,000 to $3,600 for children under six and $3,000 for children six and over, has positively impacted roughly 151,000 children in Missouri's Fifth Congressional District, with the average payment per household being $463, according to data from the JEC. From the same data, the expanded Child Tax Credit is estimated to have helped generate nearly $19.3 billion in economic activity throughout our country, helping to accelerate our economic recovery.
The fourth round of monthly Child Tax Credit payments began arriving in bank accounts last Friday, and there are two more payments that will arrive in November and December. I was proud to support this pivotal policy because I know that when we invest in working families, our entire nation benefits.
As Congress continues to debate President Biden’s Build Back Better Act, one of the policies being discussed is extending or making permanent the expanded Child Tax Credit. As your representative, it’s important that I hear your opinion on this issue. While we continue to work on the transformative Build Back Better agenda, I will be sure to keep your thoughts in mind.
Thank you for taking the time to respond to my survey, and please don’t hesitate to reach out to my office should you need any assistance in receiving your expanded Child Tax Credit or with any other federal agencies.
Emanuel Cleaver, II
Member of Congress
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The enhanced child tax credit has sent monthly checks to millions of American families since July. Now, it's one of the programs on the chopping block as Democrats slim down President Joe Biden's Build Back Better agenda. Lawmakers are proposing to extend the benefit for only one year.
The expanded Child Tax Credit (CTC) has already had an impact since it began delivering monthly checks in July to families with children ages 17 and under, with an immediate reduction in hardship. But a debate is arising over President Joe Biden's plan to extend the CTC through 2025, with some questioning whether the payments could convince some parents to drop out of the workforce.
WASHINGTON (Reuters) - The Biden administration's push to get progressive and moderate Democrats to agree to a deal on trillions of dollars in social spending faces a major stumbling block over plans to reduce child hunger and poverty in the United States.
Developing . . .