Biden has called for the revival of the expanded child tax credit policy that lifted millions of children and adults out of poverty when it was implemented in 2021.
“This president clearly believes that the way to grow this economy is invest in the middle class and working families, and that we have to grow the economy from the bottom up and the middle out,” said director of the Office of Management and Budget Shalanda YoungRep. Alexandria Ocasio-Cortez praised the inclusion of the credit in the budget. “In his budget announced today, the President recommitted to expanding the Child Tax Credit.
, the U.S. is on the higher end of the spectrum of child poverty, only beaten by a few countries like Japan, Mexico, Romania and Israel.
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