Millions of children could fall back into poverty if child tax credit expires

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“The child tax credit is still in the existing law that we had before,” Manchin told HuffPost. Manchin then told reporters on Wednesday that he believed the credit could be distributed retroactively if Democrats didn’t pass the Build Back Better law by the end of the month.

“I’ve never seen a situation where we haven’t been able to make up for whatever you thought time would be wasted,” Manchin said, adding that “we should pay the bill properly.”

A CBPP report released last week estimates that if the extended credit is not extended, 9.9 million children are at risk of falling deeper into poverty. This would mean higher poverty rates for children of all demographics, but disproportionately affect black, Latino and Native American children. It would also increase the disparity in child poverty rates between white children and black, Latino and Native American children. It would also affect children in Manchin’s home state. According to the CBPP study, 346,000 children in West Virginia would be affected if the extended credit was not extended, with 50,000 at risk of falling below the poverty line or sinking deeper into poverty. The Child Tax Credit also disproportionately helps children in rural areas, which describes much of the West Virginia landscape.

In a November survey by the Center for Law and Social Policy, or COALITION, nearly 70 percent of respondents who received the monthly payments said the payments made them a lot or a little less stressed about the money, a percentage that increased for respondents with incomes between $ 10,000 and $ 24,999. It also found that the most common way respondents planned to use their payments were to meet basic needs: paying bills, shopping for groceries, paying rent or a mortgage, buying clothes. and shoes and pay off debts. Paying for tuition and extracurricular activities were also common uses of payments.


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