Giving Parents Cash Helps With Babies’ Brain Development – Daily Flash Briefing
While debates around the child tax credit have mostly focused on incentives for parents, new research highlights the effect of cash transfers for children.
How Families Are Allocating The Monthly Child Tax Credit Payments – Daily Flash Briefing
New research found that families with up to $50,000 in income have saved and invested their monthly child tax credit payments, a distinct difference in spending trends from the summer of 2020.
36 Million Families May Qualify for Monthly Child Tax Credit Payments – Daily Flash Briefing
The IRS is sending letters to 36 million American families that may be eligible for the monthly Child Tax Credit (CTC) payments starting in July.