child tax credit
Child poverty dropped to a record low last year. A new report shows how to keep it that way.
The expanded child tax credit that families received in 2021 helped reduce child poverty across the country, but particularly in the South where families lack a sufficient safety net, according to a paper released last week. The report by the Hamilton Project, the Brookings Institution’s economic policy initiative, comes as some Democrats appear ready to […]
Ohio budget primer: Here’s Gov. DeWine’s spending plan for the next two years
Last week, Ohioans got their first look at the governor’s budget proposal. Lawmakers got their first chance to ask questions about his plans. Gov. Mike DeWine outlined the broad strokes of his spending plan in his state of the state address, late last month. He put heavy emphasis on supporting families through tax incentives, education […]
DeWine child tax deduction leaves poor families out
At his “state of the state” address on Tuesday, Ohio Gov. Mike DeWine put forth a unique proposal to the Ohio legislature — to enact a $2,500 per child state tax deduction. When I first saw this, I was excited! The 2021 federal child tax credit expansion lifted over 2 million children out of poverty. […]
Child tax credit expansion left out of congressional omnibus package
WASHINGTON — Any last hopes of resurrecting the expanded child tax credit as part of Congress’ massive spending package were dashed early Tuesday when the 4,155-page bill was released without a mention of the tax benefit. The temporary expanded child tax credit, part of a COVID-19 relief deal in 2021, allowed more low-income families, including […]
Ohio voters support higher tax rates for high incomes, state corporate tax
A new survey shows support from likely Ohio voters for more taxes on richer residents, a higher minimum wage, and renewal of the child tax credit. The survey, conducted in September through a partnership between Ohio thinktank Policy Matters Ohio and California-based polling firm Data for Progress, showed 71% of the nearly 1,400 Ohio voters […]
Report: Multiple options to bring child tax credit benefits to Ohioans
In a new analysis, an Ohio think tank urges more investment in child tax credits, and sees at least two ways to do so and increase economic security for thousands of families across the state. Advocates have consistently pushed to return to the pandemic-era federal child tax credit, and in a new report, Policy Matters […]
Studies show gains against childhood hunger were lost after child tax credit ended
An article in the Journal of the American Medical Association in October confirmed previous research that food insecurity increased substantially after the expiration of federal monthly advanced child tax credits on Jan. 15, 2022. The study looked at the period between January and July of this year in a series of national surveys, and found […]
Faith leaders urge minimum wage hike, expanded child tax credit as Congress nears recess
WASHINGTON — Faith leaders pressed Congress to pass voting rights legislation, a $15 minimum wage and a permanent expansion of the child tax credit during a recent briefing on Capitol Hill. “Poverty is a policy choice,” Rev. Dr. William Barber, co-chair of the Poor People’s Campaign and president of Repairers of the Breach, said to […]
Ohio economists: Child tax credit would be a boon
It would be great for Ohio children and the overall economy if Ohio were to implement child tax credits similar to the federal ones that expired at the beginning of the year. That was the overwhelming consensus in a survey published Tuesday of a panel of the state’s academic economists. In the survey, conducted by […]
Formula shortage exposes familiar weakness in our safety net
Last week, the Ohio Department of Health requested that the U.S. Department of Agriculture and U.S. Department of Health and Human Services allow greater flexibility in its social assistance programs around baby formula. The program the Ohio Department of Health is most interested in is the Women, Infants, and Children (WIC) program, one of the […]
What’s at stake for families as the monthly child tax credit payment ends?
As we start the new year, parents are planning for the future and working hard to provide their kids a great quality of life. They’re facing challenges head on, including a surging pandemic, school closures and at-home schooling, and fewer affordable child care options. No child should go to bed hungry, and no parent should […]
Biden’s big social spending bill caught in snags in the Senate
WASHINGTON — President Joe Biden’s giant social and climate spending bill last week appeared stalled in the U.S. Senate for some time to come, a deep frustration for congressional Democrats who aimed to pass the ambitious package by the Christmas recess. Adding to this, West Virginia Democratic U.S. Sen. Joe Manchin Sunday said he was […]