Schumer Hails New Child Tax Credit Plan, Citing Benefits Over a Child’s Lifetime
Following the passage of the broader American Rescue Plan earlier this year, U.S. Senate Majority Leader Chuck Schumer has heralded the recent Child Tax Credit (CTC) expansion which ensures payments of up to $300 per child will automatically go out to families across New York State, each month. The program took effect on Friday, July 16 and Schumer said the plan will impact over 86 percent of New York children. “Help is here for families across New York in the form of enhanced Child Tax Credits that puts more money in families’ pockets to recover from COVID, while
