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After Trump expanded the child tax credit in 2017 with the passage of the Tax Cuts and Jobs Act, families are now eligible for up to a $2,000 tax credit per child. Under President Clinton in the late 1990s, the child tax credit gave middle and upper income families $500 per child in the form of a nonrefundable tax credit. The amount and the rules... The bill would strengthen and expand the child tax credit to $3,000 for children ages 6 to 17 — a 50 percent increase upon current levels — and create a new Young Child Tax Credit equal to ... Vice President Kamala Harris is proposing a credit of up to $3,600 per child, with a bump to $6,000 for newborns. Trump wants the credit to go to all families regardless of income, while Harris... An expanded child tax credit targeted at low-income families could help kids do better at school. The policy has drawn interest from both Kamala Harris and Donald Trump. Families are looking for relief from the high cost of caring for children. On this topic, the Democratic and Republican tickets for president have one main commonality: Both Vice President Kamala Harris and former President Donald Trump have supported a higher child tax credit. Learn the differences between Trump and Harris' child tax credit plans and what these proposals mean for families in the upcoming election. What is the child tax credit? The child tax credit, which about 46 million families claimed in 2022, was approved by a Republican-led Congress and signed into law by then-President Bill... Trump's running mate, Ohio Sen. JD Vance, raised the possibility of increasing the child tax credit to $5,000 so that more parents can stay home with their children in an interview on CBS' Face ...

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