A big part of President Biden’s coronavirus relief package is focused on children. The president says he wants to expand the federal child tax credit, which gives families money for each child they have — or at least reduces their taxes.
This change could help lift nearly 10 million children above the poverty line or get them closer to it, according to the nonpartisan Center on Budget and Policy Priorities.
“You have 27 million children in our country who do not get the full maximum amount [of the tax credit] because their parents do not make enough money,” says Chuck Marr, the center’s director of federal tax policy, in an interview with NPR’s Morning Edition.
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