President Joe Biden recently released his new budget. Among his many priorities is making the tax code fairer for everyday Americans.
I agree, and there are two things Congress could do right now to make it happen. First, expand the child tax credit. In 2021, Congress expanded the CTC to all low-income families and sent it as monthly payments. Child poverty immediately plummeted and parents breathed a sigh of relief. Sadly, Congress let the expanded CTC expire.
