36 million American families at risk of hunger due to Child Tax Credit suspension
The expanded Child Tax Credit payments will no longer be delivered to 36 million families in the United States.
In order to pay for food and other necessary expenses for families, the government granted a monthly check of $300 per child from the IRS, a situation that has stopped happening and worries many.
In this sense, Florida representatives Debbie Wasserman Schultz and Darren Soto request the approval of the Build Back Better Act, to give a boost to the quality of life of millions of older adults and their families.
Also significant improvements, Medicare, expanded home and community based care services, and more affordable housing options.
And it is that, until now, said Law of President Joe Biden, would have ensured that families received a payment on Friday, but it has not yet materialized.
To make the tax cut permanent to help reduce financial insecurity, food insecurity and poverty in Florida families, lawmakers require the Build Back Better Act to be passed.
In this regard, Frederica Wilson in a Twitter post reported that 2292 children in Florida received the CTC and now none of those families is receiving the payments.
While the Build Back Better Act calls for about $1,75 trillion in new spending that, according to estimates from the Congressional Budget Office, will mostly be paid for over 10 years.
The aforementioned bill includes $585 billion for family benefits, $570 billion for climate and infrastructure initiatives, $340 billion for healthcare, and $215 billion in individual tax credits and cuts.
On the subject, experts in the fight against poverty say that the impact on children could be extreme, since, for many, including working families, the loss of Child Tax Credit payments represents a stress for not having enough money to buy food.
According to a recent estimate by the Center for Budget and Policy Priorities (CBPP), in the face of all this economic situation, without these monthly payments, around 10 million children are at risk of falling into poverty.
Faced with a law stalled by a divided Senate, the expanded CTC expires on December 31, leaving at stake the food of many families who now suffer from not having the necessary resources. Source: Miami CBS Local.
Author: Carmen Medina 7:03 am