From the Seattle Times:
DelBene, who pushed for the policy before it was included in the federal aid package, touted how many more families could benefit from the expansion.
“The child tax credit is the largest federal investment that we make in our children,” she said. “But until the American Rescue Plan, it left behind one third of all kids and families who earn too little to earn the full benefit.”
The expanded tax credit will be fully refundable. Families can receive the full amount they’re eligible for as a check, if their income isn’t high enough to receive a large enough tax offset. According to DelBene, this will allow the payments to reach 1.4 million children in Washington, including 642,000 children of color.
Read the full article here.