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Advocates urge Council to restore Child Tax Credit, baby bonds and guaranteed income funding cut in mayor's FY26 proposal

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Summary

A coalition of nonprofit leaders, advocates, and program participants urged the Committee to restore funding for the District Child Tax Credit, baby bonds and local guaranteed-income pilots that the mayor's FY26 proposal would reduce or eliminate.

A large group of nonprofit leaders, community advocates and participants in local cash transfer pilots urged the Committee to restore the District Child Tax Credit, the Child Wealth Building ("baby bonds") program and guaranteed-income pilots in the FY26 budget.

Speakers described direct impacts from existing cash supports and pilots. "Since April 2024, I have received $500 a month through the mothers' guaranteed income pilot program," Morgan Hicks, a program…

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