News Analysis Families in states carried by President Joe Biden in the 2020 presidential election would receive significantly higher savings under his proposed child tax credit than those in states won by former President Donald Trump, according to data provided by the House Education and Labor Committee and analyzed by The Epoch Times. The committee issued an analysis on Oct. 6 that calculated the average child care savings that would be received by the average family of four with one infant in each of the 50 states and the District of Columbia, based on State Median Income for such a family. The benefit is intended primarily to help families with child care costs and provides about $300 per month for qualifying families. The credit was first approved in the $1.9 trillion “American Rescue Plan” stimulus package Biden proposed and Congress approved with only Democrat support. Biden’s $3.5 trillion Build Back Better …
RSS Feed | The Epoch Times