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Lawmakers push for renewed child tax credit to combat poverty

September 24, 2024 | Ways and Means: House Committee, Standing Committees - House & Senate, Congressional Hearings Compilation, Legislative, Federal


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Lawmakers push for renewed child tax credit to combat poverty
During a recent government meeting, significant discussions centered on the urgent need for legislative action to address child poverty and enhance support for families. Representatives highlighted proposed legislation by Mr. Davis and Ms. Chu aimed at empowering the Department of Health and Human Services to tackle rising instances of poverty effectively.

A critical point raised was the stagnation of the Temporary Assistance for Needy Families (TANF) program, which has remained at $16.5 billion since 1994. This lack of adjustment has diminished its effectiveness in providing necessary support to families in need, particularly in the context of rising living costs.

The conversation also underscored the expiration of the enhanced child tax credit, which had previously played a vital role in lifting millions of children out of poverty. Despite efforts from the Biden-Harris administration and Democratic committee members to maintain this support, the credit was allowed to lapse, resulting in approximately 3.7 million children being pushed back into poverty. Advocates emphasized the long-term benefits of such financial assistance, arguing that it is essential for breaking the cycle of poverty and improving the future prospects of affected children.

The meeting also spotlighted local initiatives, such as a program in Flint, Michigan, led by pediatrician Dr. Mona Hanna-Attisha, which aims to provide critical financial support to mothers and infants in their first year of life. This initiative is part of broader efforts to combat childhood poverty and enhance community well-being.

Overall, the discussions reflected a pressing call to action for lawmakers to reinstate and expand financial support mechanisms for families, particularly through the restoration of the enhanced child tax credit, to ensure a more equitable future for children across the nation.

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