A Good Benefit For Working Families

One of he better ideas which was done during the pandemic in 2021 and 2022 was the increase of the Child Care Tax Credit which increased the credit from $2,000 to $3,600 against income taxes. It was a credit applied for each child.

 

Now, the idea is on the table again, according to Newsmax. Senator Josh Hawley (R-MO) is proposing a credit for $5,000 per child, which would be applied against payroll taxes, as well as income taxes. In this way, the benefit would help self-employed individuals (1099) as much as W-2 employees.

President-elect Trump and Vice President-elect Vance are on board with this.

This should be a no-brainer to pass with bi-partisan support. Speaker Johnson And Majority Leader Thune need to corral their caucuses. Leader Jeffries and Leader Schumer claim to be “for the people”.

This is a big test for all Members of both Houses that they can put politics and differences aside to do what is right for all Americans.

Let’s hope they can do what they have before to help Americans in need.