JD Vance Proposes Significant Increase to Child Tax Credit
The Republican vice-presidential nominee suggests raising the Child Tax Credit to $5,000 per child, sparking debate on fiscal impact and family support policies.
- Vance's proposal would increase the Child Tax Credit by 150%, from $2,000 to $5,000 per child.
- Policy experts warn that the proposal could add trillions to federal spending over the next decade.
- Vance did not vote on a recent Senate bill aimed at expanding the Child Tax Credit for low-income families.
- Critics argue Vance's actions contradict his stated support for family-friendly policies.
- The current Child Tax Credit is set to revert to $1,000 per child in 2026 due to expiring provisions.