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ISSUE FOCUS | Reducing Child Poverty Through the Child Tax Credit

The Child Tax Credit was a part of the American Rescue Plan of 2021. The plan, also known as the COVID-19 Stimulus Package, was a $1.9 trillion economic stimulus bill, which Congress passed, and President Joe Biden signed into law on March 11, 2021. The American Rescue Plan Act’s purpose was to speed up the country’s recovery from the economic downturn that resulted from the COVID-19 pandemic. The CTC gave $2,000 per child to parents who have children aged 6-17 and $3,600 per child under age 6.

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