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Trump stands behind Hegseth after attack plans shared in second Signal chat; Pollution exemptions granted to AR coal plants; Coping with OR's climate change-fueled pollen season; Federal funding cuts could hit MT harder than other states.

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Defense Secretary Hegseth faces calls to resign for discussing battle plans in a second Signal chat. Indiana denies students the use of college IDs to register to vote, and the White House signals the U.S. might stop trying to end the Russia-Ukraine War.

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Money meant for schools in timber country is uncertain as Congress fails to reauthorize a rural program, farmers and others will see federal dollars for energy projects unlocked, and DOGE cuts threaten plant species needed for U.S. food security.

NY bill establishes tax credit to help struggling families

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Monday, January 22, 2024   

A proposed bill would help New York families struggling with the high cost of living.

The Working Families Tax Credit bill combines the Empire State Child Credit, the Earned Income Tax Credit and the dependent exemption into a single tax credit. A University of Washington report finds almost two of five households in New York cannot afford basic needs.

Liza Schwartzwald, director of economic justice and family empowerment for the New York Immigration Coalition, pointed out the tax credits are not effective in their current form.

"The Earned Income Tax Credit and the Child Tax Credit have a very, very harmful phase-in," Schwartzwald explained. "Which means that if you make very little money, if you're one of our poorest families, you actually get very little to nothing from those credits."

The bill was previously brought before the Legislature with no success, but Schwartzwald noted elected officials have learned the effects the bill can have. Now, she wants to garner support for the bill to pass this year. Some changes made since the bill was first introduced include a five-year implementation plan and adding a dependent exemption since it lowers the overall bill's cost.

Congress is taking up legislation to expand the Child Tax Credit once again. Although it will not be as big as it was during the pandemic, it could still lift families out of poverty.

Schwartzwald argued the Working Families Tax Credit and the expanded Child Tax Credit would greatly benefit New York families.

"If you're a single parent and you're able to receive both the federal expanded tax credit, however that might look, and a bigger, better Working Families Tax Credit, those are your bills that are being paid," Schwartzwald emphasized. "You can spend a little time with your kid at night instead of working three minimum-wage jobs."

She added parents should be trusted to know what their kids need. The Center on Budget and Policy Priorities estimated Congress' proposed Child Tax Credit expansion would lift around 400,000 children out of poverty. An additional 3 million children would be less poor in the credit's first year.


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