The child tax credit could be worth over $2,000 under Republicans' spending plan—but millions of families wouldn't benefit

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The child tax credit could be worth over $2,000 under Republicans' spending plan—but millions of families wouldn't benefit

cnbc.com/2025/06/26/child-tax-credit-gop-spending-plan.html

Both the House and Senate versions of the budget reconciliation bill include an increase to the child tax credit, but the House's version gives a larger payout to families.
The child tax credit is a partially refundable tax credit available to taxpayers with children or dependents under…

This story appeared on cnbc.com, 2025-06-26 17:38:48.