February 8, 2024
CTC Expansion Rooted in Desire to Roll Back Work-based Welfare
Modifications to the child tax credit (CTC) are included in H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, which the House of Representatives approved on January 31, 2024. That legislation pairs an extension of expired business tax relief policies, generally sought by Republicans, with an expansion of the CTC, which…