Parents urge Golden, delegation to make expanded Child Tax Credit permanent

Arthur Phillips, a policy analyst at Maine Center for Economic Policy, said on Monday that Maine’s full delegation should support making the expanded CTC permanent because of the broader impacts on the economy.

In Maine, the CTC expansion put up to $3,600 more a year, per child, into the hands of nearly every family with children and brought more than $435 million to Maine families, he said.

“Lifting 2.1 million children out of poverty, the new and improved CTC dramatically reduced childhood poverty and the ripple effect made our economy stronger by increasing spending in local economies and supporting jobs as families used the money to purchase food, pay bills, and cover school and child care expenses — the kinds of basics proven to improve kids’ health, educational outcomes, and earnings later in life,” Phillips said.

Click here to read the full story, first published December 6, 2022, in Beacon.