Members of the House and Senate leadership have indicated they will work to strip this provision out of the final tax bill. This credit, with very limited exceptions, is not refundable. Most low and moderate income families a quarter of all children receive no benefits at all because they do not earn enough money to pay federal income tax. By offering a Refundable Child Tax Credit, these families would receive a refund, or check, payable against payroll taxes, to assist them with the rising costs of childrearing. Six hundred dollars can be used for childcare, rent and medical bills.
People are hungry in hometowns across America.
Six hundred dollars can make the difference between satisfying meals and pangs of hunger. By leaving the Child Tax Credit non-refundable, it offers virtually no assistance whatsoever to parents who are too poor to owe federal income tax, but shell out for payroll, sales, gasoline and, indirectly, property taxes. Congress must keep the Senate s Refundable Child Tax Credit provision in the final tax bill to alleviate poverty for millions of American children.