Inflation is a top-of-mind issue for many Americans during this year's presidential election, and the strain of high prices is being felt particularly hard by people raising children.
Florida Sen. Marco Rubio says the U.S. has lost focus over the last 20 to 30 years and economic policies need to be geared towards creating stable work for families.
Experts point to the expanded child tax credit as key to this poverty yo-yo. When it ended, many lower-income families struggled to pay their bills or buy enough food.
A group of Democrats formed the Dads Caucus in the House, hoping to advocate for key democratic policies such as the expanded child tax credit and paid family leave.
Tuesday on Political Rewind: Music Midtown has been canceled, allegedly because of Georgia's gun laws. Plus, the State Department of Revenue will allow Georgians to claim embryos on income tax deductions. Meanwhile, Tamar Hallerman provides an update on the latest in the Fulton County probe.
In one month, the child poverty rate increased from 12.1 to 17 percent, the highest rate seen since Dec. 2020. Black and Latino children experienced an even higher rate of poverty.
January is the first month since July 2021 that more than 36 million families in the U.S. did not receive money from the expanded child tax credit program. For some, the consequences are already dire.
The government provided Americans with a vital financial lifeline during the pandemic, including through the Child Tax Credit. The help improved lives – but for many it still wasn't enough.
Because the Build Back Better agenda was not passed by the Senate before the end of the year, the last payment of the expanded child tax credit program went out this month.
Because an extension of the child tax credit is tied in with President Biden's Build Back Better social spending plan, it remains unclear whether the monthly payments will continue beyond this year.
On today's show: A Republican leader in the state Senate filed a bill to eliminate drop boxes, which have enabled voters to cast absentee ballots more easily. Meanwhile, Gov. Brian Kemp is expected to announce later this week that Rivian, one of the country’s largest manufacturers of electric vehicles, is set to build an assembly plant in Georgia.
At the height of the COVID-19 pandemic, Congress backed an enhancement to the longstanding child tax credit program, historically doled out when Americans file their taxes. Now, families face a lapse in help.
The first child tax credit payments were sent to households in July, and Georgia households received roughly $520.3 million. The average monthly payment was $418, according to data from the U.S. Treasury Department.
Early data shows that after the child tax credit payments started going out this summer, the number of households with children who experience food insufficiency dropped.
