Lawmakers Shift Gears and Push for Just 1 More Year of Expanded Child Tax Child

·3 min read
Lawmakers Shift Gears and Push for Just 1 More Year of Expanded Child Tax Child

Since July, monthly payments for the expanded Child Tax Credit have been hitting Americans' bank accounts. Up until this year, the Child Tax Credit was worth up to $2,000 per child and was only payable in the form of a tax refund. Thanks to the American Rescue Plan -- the massive relief bill signed into law back in March -- the Child Tax Credit has gotten a nice boost for 2021.

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