Dec 19, 2017
Some low-income kids only getting small boost under tax bill
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The last-minute enhancement of the child tax credit in the final GOP tax bill, won by Sens. Marco Rubio and Mike Lee, gives some working-class families a financial boost compared to the Senate bill. But it leaves out 10 million kids in low-income families that will still get no more than a $75 increase, according to an analysis by the left-leaning Center on Budget and Policy Priorities.
The bottom line: Rubio and Lee can credibly claim they enhanced the child tax credit, but not enough for all children to see the benefit.
