The House-passed bipartisan tax bill would expand the Child Tax Credit for 16 million children in families with low incomes—including 5.8 million young children (under age six)—in its first year, bringing them up to or closer to the full $2,000-per-child amount that children in higher-income families receive. The Senate should pass it without further delay.
Young children of all races and ethnicities would benefit from the bill’s Child Tax Credit expansion. Overall, the expansion would deliver a larger credit to 1 in 4 children under age six. It would benefit even larger shares of Black, Latino, or American Indian or Alaska Native young children, whose parents are overrepresented in low-paid work and may face more limited economic opportunities due to historical and ongoing discrimination and other structural........