Lawmakers push to make child tax credit permanent
MADISON, Wis. — Starting next week, Wisconsin families will be able to receive a monthly child tax credit, but local lawmakers are calling for that credit to become permanent.
Parents who are eligible for the credit will receive $300 per month for each child under the age of 6 and $250 per month for each child between the ages of 6 and 17.
The funds come from the American Rescue Plan, but the credit will expire in December. Wisconsin Democrats say that credit should be made permanent to help children who are living in poverty.
“The child tax credit will feed our children. It will put a roof over their heads, it will empower parents to support their children, it will support the children in a long, prosperous way,” said State Rep. Shelia Stubbs of Madison.
The temporary benefit will be sent out to roughly 39 million households across the country. The vast majority of those families will receive the money through direct deposit.
The IRS will send out the payments on the 15th of every month while the credit is in effect.
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