financial stability

A man and a boy draw with chalk on a sidewalk in 2021 to celebrate new monthly expanded child tax credit payments. Hopes that the credit would be revived by the end of 2022 vanished Tuesday when a major spending package did not include the proposal. (Photo by Bryan Bedder/Getty Images for ParentsTogether)

Child tax credit expansion left out of congressional omnibus package

BY: - December 20, 2022

WASHINGTON — Any last hopes of resurrecting the expanded child tax credit as part of Congress’ massive spending package were dashed early Tuesday when the 4,155-page bill was released without a mention of the tax benefit. The temporary expanded child tax credit, part of a COVID-19 relief deal in 2021, allowed more low-income families, including […]