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The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...
The child tax credit has been offered to U.S. taxpayers for nearly 30 years, but its value has varied across presidential administrations. With the passage of the One Big Beautiful Bill ...
Since President Donald Trump signed his signature domestic policy legislation into law on July 4, Republicans and Democrats alike have been busy telling their constituents what's in the One Big ...
Despite increasing the child tax credit, the One Big Beautiful Bill Act leaves most parents no better off than before, offering little relief for families.
The Trump Tax Bill increases the Child Tax Credit to $2,200 by 2026, but excludes millions of low-income families from the full benefit. We explain the details.
A new poll shows most Americans see child care costs as a major issue, and majorities support the federal government offering ...
The new legislation will also increase the child tax credit deduction from $2,000 to $2,200 per child. However, families that don’t earn enough to owe income tax may still not receive the full benefit ...
President Donald Trump signed his "big beautiful" spending bill into law on July 4.
The sweeping and controversial One Big Beautiful Bill Act (OBBBA) fulfills many of Donald J. Trump's 2024 campaign promises: ...
The bill includes nearly $4 trillion in tax cuts, along with new funding for immigration enforcement and defense. It also ...
The credit also would be refundable. Even if a household earns so little it has no state tax liability to reduce via the credit, it still would have $150 per child added to its refund.
Democratic leaders are cautiously optimistic about one popular tax-cutting idea: A $150-per-child tax credit, up to $450 per household.