INSTITUTE INDEX: A chance to revive the poverty-busting expanded child tax credit?
"There is no means testing for military spending. There's no work requirements for tax cuts for the wealthy," Shailly Barnes, policy director for the Poor People's Campaign, said at a Feb. 3 press conference in Charleston, West Virginia, addressing Sen. Joe Manchin's demands for reviving the expanded child tax credit. "Why is this logic inverted to put on the people who need these programs the most, poor and low-income people who may not run this country but make it run every single day?" (Image is a still from this Poor People's Campaign video.)
Date when the expanded child tax credit, which Congress approved last year as part of the American Rescue Plan pandemic stimulus, expired because the closely divided U.S. Senate failed to renew it as part of the Build Back Better Act: 12/31/2021
Because of the expanded child tax credit, amount in monthly payments per child that eligible families had been receiving since last July without having to take any action: $250 to $300
Number of families that received the payments: more than 36 million
This past December alone, number of children the expanded child tax credit lifted out of poverty: 3.7 million
Percent of those children who were white, Latino, and Black, respectively: 38, 38, 20
If the Senate had not allowed the expanded child tax credit to expire, percent by which the policy was projected to reduce child poverty in the U.S.: more than 40
With no expanded child tax credit payments made in January, percentage points by which the monthly child poverty rate is expected to increase nationwide: 5
Rank of the South among U.S. regions with the highest child poverty rates: 1
Date on which Axios reported that Sen. Michael Bennet, a Colorado Democrat involved in negotiations to revive the credit, was open to scaling back eligibility to win support from Sen. Joe Manchin of West Virginia, a millionaire corporate Democrat who joined Republicans to block the policy's extension: 2/1/2022
Previous income limit for the full expanded tax credit payment for couples and for single-parent families, respectively: $150,000 and $112,500
Income level that Manchin told West Virginia MetroNews he wants to prioritize while also imposing a work requirement for parents: $75,000 or less
Percent of West Virginia parents who oppose work requirements for the expanded credit, according to a poll conducted last year: 75
Number of times Manchin has demanded work requirements before approving tax cuts for the wealthy or called for means testing of defense contractors before approving military spending bills, as Shailly Barnes of the Poor People's Campaign noted at a Feb. 3 press conference in Charleston, West Virginia: 0
Rank of West Virginia among states with the highest percentage of children living in poverty as of 2019: 7
Number of West Virginia children living in poverty as of 2019: 69,975
Percent of West Virginia children who benefited from the expanded child tax credit: 93
Of those children, portion who had been unable to benefit from the credit under the pre-expansion rules because their parents were too poor to pay taxes: about 1/2
Date on which Poor People's Campaign leaders published an editorial in which they decried Manchin's position on the expanded child tax credit and said that, given his months of broken promises, they lack faith he'd support a bill even with the compromises he's demanding: 2/3/2022
Date on which the Poor People's Campaign is holding a Moral March on Washington to call on leaders to address poverty: 6/18/2022
(Click on figure to go to source.)
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Sue Sturgis
Sue is the editorial director of Facing South and the Institute for Southern Studies.