Earlier this month, Congress passed the American Rescue Plan to help the country recover from the ongoing COVID-19 health and economic crises. The legislation delivers important relief to individuals and families, affected businesses, state and local government, and more. Included in the law is a temporary expansion of the Child Tax Credit to increase benefit levels; expand eligibility to reach children previously left out; and deliver payments on a regular basis rather than once a year at tax time—all of which combine to make the Child Tax Credit more similar to child allowances that exist in many countries worldwide.

In this webinar, CPSP researchers Sophie Collyer,  Megan A. Curran, and Christopher Wimer joined Jennifer March, Executive Director of the Citizens’ Committee for Children, to discuss the ways in which this tax policy initiative will have a transformative impact on the country’s ability to drastically reduce child poverty and the opportunities to deepen the impact at the state and local level and make this reform permanent.

About the Citizens’ Committee for Children of New York

The Citizens’ Committee for Children of New York combines public policy research and data analysis with citizen action. They work to educate and mobilize the public, engage allies, and identify and promote practical solutions to ensure that every New York City child is healthy, housed, educated, and safe. Learn more about the Citizens’ Committee for Children of New York.