Booker Seeks to Make American Rescue Plan’s Expanded Child Tax Credit Permanent

Sen. Cory Booker (D-N.J.) said he is engaged in high-level discussions about making permanent the temporary expansion to the Child Tax Credit brought about by the American Rescue Plan that President Joe Biden has signed into law. Speaking at a press conference Friday, Booker hailed the $1.9 trillion relief bill—which Republicans panned as wasteful and excessive—as “in your lifetime … the biggest investment made in working Americans” and repeatedly touted it as a “massive, multi-billion dollar investment” in various priority areas, including American families, state and local governments, and unions. Booker turned to the bill’s expansion of the Child Tax Credit (CTC), saying that 90 percent of families would see a benefit. “We know that the Child Tax Credit is going to directly affect 1.6 million New Jersey kids and their families, and every dollar that we invest in every New Jersey child going above the poverty line returns seven dollars …

Leave a Reply

Your email address will not be published. Required fields are marked *