Help Is On the Way


Manage episode 287211088 series 1542133
بواسطة The Century Foundation، اكتشفه Player FM ومجتمعنا ـ حقوق الطبع والنشر مملوكة للناشر وليس لـPlayer FM، والصوت يبث مباشرة من خوادمه. اضغط زر الاشتراك لمتابعة التحديثات في Player FM، أو ألصق رابط التغذية الراجعة في أي تطبيق بودكاست آخر.

With President Joe Biden’s signature, the American Rescue Plan Act became law on Thursday of this week. This wide-ranging package of relief measures—which despite garnering widespread bipartisan support among voters, passed both chambers of Congress without a single Republican vote—authorizes a set of landmark expansions of existing income security policies and programs—including an historic expansion of the Child Tax Credit, that for the next year at least, turns the CTC into a fully available child allowance that’s estimated to cut child poverty in half by establishing a guaranteed minimum income for families with children.

To break down the major income-boosting elements in the American Rescue Plan Act, now that help is on the way—and for a look at what families can expect to receive in the way of economic relief—Rebecca sat down with Seth Hanlon, a senior fellow at the Center for American Progress and a former advisor to President Obama for tax policy.

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