Expanded Child Tax Credit Boosts Safety Net for MI Families
Friday, August 13, 2021
ALLEGAN, Mich. -- More than 1.9 million Michigan kids are benefiting as their families see extra money from the extended federal Child Tax Credit.
The second round of monthly payments of $250 to $300 per child, depending on their age, is expected to hit bank accounts today.
Esperanza Carrasco-Morales, nutrition and senior services specialist for Community Action of Allegan County, said the advance payments help families like hers feel more secure and prepared for unexpected or once-a-year costs.
"I am a single mother of four, so that extra income that's coming in, that tax credit that came in, has helped out immensely with school supplies, and school clothes and whatnot," Carrasco-Morales explained. "Especially with gas. Gas prices are going up."
Most recent Census Bureau data found a great need for help among Michigan families with children.
More than 1.5 million Michigan households, or roughly 23%, said they found it "somewhat or very difficult" to pay their regular bills in the last week. Nationally, more Black and Latino families are struggling to pay household expenses than white families.
Experts said the Child Tax Credit could lift nearly 250,000 Michigan kids above, or at least closer to, the poverty line.
Brenda Molendyk, chief financial and operating officer for Community Action of Allegan County, said reducing poverty benefits everyone, when more families actively participate in the economy.
"In a normal year, they of course would get this payment just once a year, and that would be when they file their taxes," Molendyk pointed out. "Having the availability that it is now every single month really helps them in their monthly planning, in a monthly budget."
The expanded credit, part of the American Rescue Plan, is only for 2021, but advocates for reducing child poverty think it should be made permanent. President Joe Biden has proposed extending the credit through 2025 in his American Families Plan.
get more stories like this via email
Health and Wellness
ALBANY, N.Y. -- A new survey shows most New Yorkers approve of medical aid-in-dying legislation, and advocates for end-of-life autonomy said it is …
COLUMBUS, Ohio -- Ohioans across religious traditions have come together as one voice this week to speak out against capital punishment. Dozens of …
SACRAMENTO, Calif. -- Community college students in California are being encouraged to take a closer look at their education plans, to see if …
SPRINGDALE, Ark. -- New efforts are underway to help small-scale farms in Arkansas expand their business. The Food Conservancy, a northwest Arkansas …
COLUMBUS, Ohio -- A high percentage of rejected voter registrations in three of Ohio's biggest counties is raising some red flags. According to the …
CORRECTION: The last day to request absentee ballots in Virginia is Fri., Oct. 22. An earlier version of this story incorrectly stated that Oct…
ST. PAUL, Minn. -- A special court panel is hosting public hearings this month, asking Minnesotans what new political maps should look like, and …
ARLINGTON, Texas -- Texas has some of the weakest gun laws in America, and gun-control advocates say the permissive attitude may be why a student …