What you need to know about the child tax credit as both campaigns embrace it
By Selena Simmons-Duffin
(EXCERPT)
This week tax policy has gotten a star turn on the campaign trail.
Republican Vice Presidential candidate JD Vance floated the idea of more than doubling the amount of tax credits families can get from the federal government for each child.
“I’d love to see a child tax credit that’s $5,000 per child, but you, of course, have to work with Congress to see how possible and viable that is,” Vance said on CBS’s “Face the Nation” on Sunday.
“President Trump has been on the record for a long time supporting a bigger child tax credit, and I think you want it to apply to all American families,” he added, no matter their income.
Vice President Kamala Harris made the child tax credit the center of a campaign speech in Maryland on Thursday.
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