Add Passion And Stir

Passed in 1997, The Child Tax Credit, known as the CTC, provides an end of year tax credit to families with children under 16. In March 2021, as part of the $1.9 trillion coronavirus aid package, the American Rescue Plan, the credit was made available to children 17 and under for the first time, the amount of the credit was increased from $2,000 to $3,000 for children 6-17 and from $2,000 to $3,600 for children under six, and it was changed to a monthly payment instead of annual lump sum. Experts estimate these changes could lift as many as five million kids out of poverty.In this first episode of a series on the Child Tax Credit, Add Passion and Stir welcomes Congressman Jim McGovern (D-MA), Congresswoman Rosa DeLauro (D-CT), Senator Michael Bennet (D-CO), and other thought leaders for a conversation about the origin and evolution of this legislation. What was the original concept? How has it worked and not worked? How did the CTC’s expansion come to pass? And how are broader policy changes, such as an histo