Hoosier families on average received $447 a month courtesy of the American Rescue Plan
Reuters Poll: 59-percent of Americans – including 41-percent of Republicans – support the Rescue Plan’s Child Tax Credit
INDIANAPOLIS – The Indiana Democratic Party, the organization that advocates for the future of Indiana and its families, today celebrated how President Joe Biden’s American Rescue Plan continues to deliver for Hoosier families across the state. A new report by Reuters found Hoosier families on average received $447 in monthly payments through the Child Tax Credit. This program – paid for by the Rescue Plan – is helping lift nearly 80,000 Indiana children out of poverty, and the policy itself is supported by 59-percent of American voters, including 41-percent of Republicans. Indiana Democrats like U.S. Congressmen André Carson and Frank Mrvan delivered on this common-sense opportunity for families, because Democrats are ready to help Hoosiers put COVID-19 in the rearview mirror.
The same cannot be said for Indiana Republicans who universally said “NO” to the American Rescue Plan. For Republicans like U.S. Senator Todd Young, U.S. Congresswoman Victoria Spartz, and even Governor Eric Holcomb, their extreme partisanship against President Biden and Democrats comes before creating a better future for Hoosier families. This is why Governor Holcomb has refused to hold a media briefing about the coronavirus over the last 170 days, and unfortunately, this political neglect has caused Indiana to enter its “darkest time” against the pandemic.
Indiana Democrats look forward to making the Child Tax Credit permanent under the upcoming Build Back Better agenda. From lifting Hoosier families out of poverty to providing further investment in broadband and infrastructure projects, Democrats are set and ready to deliver again for Hoosier families. Learn more about the Child Tax Credit in the Reuters story below:
Reuters: Biden’s child tax credit pays big in Republican states, popular with voters
“A one-year expansion of the U.S. child tax credit, a policy championed by President Joe Biden and his fellow Democrats over Republican opposition, has disproportionately benefited states that voted for former President Donald Trump in 2020, a Reuters review of Treasury Department data has found.
Congressional Democrats are now seeking to extend the expansion for four additional years as part of $3.5 trillion social spending legislation opposed by Trump’s fellow Republicans. The one-year expansion – part of COVID-19 pandemic relief legislation signed by Biden in March, is expected to funnel $105 billion to American families, many still hurting from the economic effects of the public health crisis.
The current expanded tax credit has proven popular, a Reuters/Ipsos poll found, supported by 59% of U.S. adults including 75% of people who identified themselves as Democrats and 41% of people who identified as Republicans. The poll was conducted online Sept. 9-10, based on responses from 1,003 adults and with a credibility interval of 4 percentage points.
The policy’s support among Republicans far outstripped their 11% backing for Biden’s overall job performance in a separate Reuters/Ipsos poll.
The policy’s popularity, experts said, might benefit Democrats in elections next year that will determine whether they retain control of Congress for the second half of Biden’s term. Democrats are defending razor-thin majorities in the Senate and House of Representatives.” […]
“The economic stimulus law, called the American Rescue Plan, raised the existing child tax credit from $2,000 per child to $3,000 per child for children over age 6 and from $2,000 to $3,600 for children under age 6, while upping the age limit from 16 to 17. Families benefit from the full credit if they earn up to $150,000 for a couple or $112,500 for a family with a single parent.
Since July, the U.S. Treasury has given more than 35 million households about $250 to $300 a month for each child under age 18, a policy some analysts say is already significantly reducing childhood poverty.
A four-year extension would make it a significant slice of the proposed $3.5 trillion spending package being pursued by Democratic congressional leaders. That legislation is opposed by congressional Republicans as too expensive…” […]