For a lot too lengthy, our authorities has executed too little to help working households. Even earlier than the COVID-19 pandemic, tens of millions of U.S. youngsters have been dwelling in poverty, and the pandemic has solely exacerbated these points, reinforcing systemic inequities. The dangerous results of kid poverty profoundly have an effect on American society and our future economic system. Reversing these developments calls for that we urgently undertake insurance policies to champion the wants of working individuals.
In March, I proudly voted to create the nation’s first-ever periodic youngster profit as a part of the American Rescue Plan.
This laws additionally briefly elevated the quantity of the Baby Tax Credit score to as much as $3,600 per youngster for kids 0 to five and as much as $3,000 per youngster for kids ages 6-17. Greater than 36,100 households in my district are actually eligible for a median of $2,500 per 12 months by this program.
Total, 83.7% of kids within the 1st Congressional District are projected to profit from this Baby Tax Credit score enlargement, together with 5,000 who will likely be lifted out of poverty. Though this enlargement was solely licensed for one 12 months, I wish to make it everlasting as a result of I do know it should enhance the lives of 1000’s of Mainers.