Daily Tax Report ®

Senate Democrats Seek Child Tax Credit Rise to as Much as $3,600

March 6, 2019, 7:06 PM

Democratic Senators Michael Bennet and Sherrod Brown are again proposing legislation to expand the child tax credit that they say would cut child poverty by 38 percent.

  • Bennet, of Colorado, and Brown, of Ohio, want to increase the child tax credit to $3,600 per year for children under 6 years old and $3,000 for children from ages six to 17.
    • NOTE: The current child tax credit is $2,000 per child, an increase from $1,000 before the 2017 GOP tax overhaul.
  • The legislation would also make the credit fully refundable, which would mean that low-income families would get to see more...
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