DeLauro Rallies Colleagues in Support of the Child Tax Credit

December 15, 2021
Press Release

WASHINGTON, DC — Today, the day Child Tax Credit payments hit bank accounts for more than 35 million families, House Appropriations Committee Chair Rosa DeLauro (CT-03) rallied her colleagues in support of the expanded and improved Child Tax Credit and urged the Senate to pass the Build Back Better Act so that these checks continue to go to hardworking families.

"The expanded and improved Child Tax Credit has already lifted millions of middle class families, reduced hunger among families with children to the lowest levels measured during the pandemic, and kept nearly 4 million children out of poverty per month," said Congresswoman DeLauro. "I thank my colleagues for joining me in the continued fight to extend this transformational policy that I have been fighting to implement for nearly 20 years."

Evidence shows that for every $1 invested, the Child Tax Credit provides $8 in social and economic benefits. The economic impact of the Child Tax Credit payments as implemented in the American Rescue Plan includes:

  • Reducing childhood poverty by more than 40%, lifting nearly 4 million children out of poverty.
  • An extra $3,000 in a family's annual income when a child is younger than five leads to 19% higher future earnings
  • Declines in food insufficiency. Food has consistently been the top category for Child Tax Credit spending, while many also used the payments for school expenses prior to the start of the 2021-22 school year and child care.

In Connecticut's 3rd District alone, the Child Tax Credit has:

  • Delivered $172 million in Tax Cuts to 71,000 hardworking families for 117,000 children.

Congresswoman DeLauro continued, "Over the past few months, families have relied on these monthly checks for groceries, childcare, clothing, rent or mortgages, or gas. It is crucial that the Senate pass the Build Back Better Act to lock in this Social Security for Children."

Click here to watch the full video in support of extending the expanded and improved Child Tax Credit.