skip to main content
skip to newscasts

Sunday, May 19, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

4 dead as severe storms hit Houston, TX; Election Protection Program eases access to voting information; surge in solar installations eases energy costs for Missourians; IN makes a splash for Safe Boating Week.

view newscast page
play newscast audioPlay

The Supreme Court rules funding for the Consumer Financial Protection Bureau is okay, election deniers hold key voting oversight positions in swing states, and North Carolina lawmakers vote to ban people from wearing masks in public.

view newscast page
play newscast audioPlay

Americans are buying up rubber ducks ahead of Memorial Day, Nebraskans who want residential solar have a new lifeline, seven community colleges are working to provide students with a better experience, and Mississippi's "Big Muddy" gets restoration help.

Federal Child Tax Credit could see another expansion with new deal in play

play audio
Play

Wednesday, January 17, 2024   

Congress is poised to consider renewing the expanded Child Tax Credit and policy analysts said the latest effort could help tens of thousands of North Dakota children.

This week, congressional leaders announced a bipartisan tax deal including a three-year extension of an enhanced Child Tax Credit, to make it more accessible to low-income households who typically do not qualify. It is not as big a credit as the temporary expansion that ended in 2021.

Xanna Burg, director of Kids Count for North Dakota, said researchers found the initial credit led to spending on basic needs, suggesting a more modest approach this time will still help stabilize household budgets.

"You know, some low-income families -- a smaller percentage, but some -- did use the Child Tax Credit to either pay down debt or save a little," Burg observed. "That also is really significant too, when we think about economic security for families."

She noted it allowed households to be better prepared for unexpected expenses and stay afloat. The Center on Budget and Policy Priorities estimated the new credit plan would lift 500,000 children above the poverty line when fully phased in.

In the first year, 23,000 North Dakota children would benefit. While the deal is bipartisan, it is unclear if other issues, such as avoiding a government shutdown, will stall debate.

If the expanded credit is approved on a three-year basis, Burg acknowledged it would give policy researchers more information about the best way to help struggling families. More importantly, she pointed out it creates more predictability for those who are eligible.

"When you think about, like, a new family who just had a baby, by the time this ends, that child is going to be three," Burg noted. "Three years of a young child's life is very significant when you think about maybe a family having, you know, the extra food they need."

The Center on Budget and Policy Priorities said when the initial expansion expired along with other pandemic relief, the number of children living in families below the poverty line increased by 5 million. Meanwhile, congressional leaders behind the plan hope to get it approved in time for this year's tax-filing season, despite the other issues they're juggling.


get more stories like this via email

more stories
About 7.4 million adults take insulin, a hormone regulating glucose and used to treat diabetes patients. (Adobe Stock)

Health and Wellness

play sound

More than 1 million people in North Carolina are diabetic and they have become increasingly worried about the national shortage of insulin. The …


Environment

play sound

Missouri homes and businesses have installed enough solar energy to power 68,000 homes each year. A new report released by the Solar Energy …

Social Issues

play sound

Workforce watchers project the country could face critical worker shortages in many of the skilled trades in coming years. The Nebraska Winnebago …


If power grid operators cannot change the interconnection process in time, data show around 80% of the emissions reductions expected from the Inflation Reduction Act might not happen. (Adobe Stock)

Environment

play sound

A new rule from the Federal Energy Regulatory Commission could improve Virginia's electric grid transmission capacity. It requires utilities and …

Social Issues

play sound

Surrounded by states banning nearly all abortions, its legalization in New Mexico has made the state a top place to travel for the procedure and a …

As we near summer, tens of millions of Americans will take to our nation's waters to spend time with family and friends. (Adobe Stock)

Social Issues

play sound

Hoosiers are launching their boats to enjoy another season on the water. However, before jumping aboard, now is an ideal time to review safety plans …

Social Issues

play sound

This week, Ohio approved adult-use marijuana sales as part of a 2023 ballot measure, with sales anticipated to start mid-June. Ohioans age 21 and …

Social Issues

play sound

The Nevada state primary is coming up June 11 and one voting-rights group wants to make sure all Nevadans have the information they need to make their…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021