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pandemic child tax credit expansionYahoo Finance
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85% Informative
Kamala Harris wants to reinstate the expanded child tax credit if she wins the White House .
The expanded credit already has shown what it can do to fight poverty and hunger in the short time it was implemented.
Since the credit's expansion, much of the good from the credit has been unwound.
The child poverty rate more than doubled in 2022 , "the biggest increase ever recorded".
A working paper modeled what would happen if the child tax credit expansion was made permanent.
It would lead to higher future earnings and tax payments, better health and longevity.
The paper said the benefits to society outweigh the costs nearly 10 to 1 — largely from making the credit fully refundable.
VR Score
89
Informative language
89
Neutral language
55
Article tone
informal
Language
English
Language complexity
41
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
8
Source diversity
7
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