Yesterday, Congresswoman Deborah Ross (NC-02), North Carolina Democratic Party Chair Bobbie Richardson and Sarai Faison, a Durham-based parent who is receiving the expanded Child Tax Credit, held a press conference highlighting the monthly tax cuts provided to families with children included in President Biden and Democrats’ American Rescue Plan. The press conference was held the same day that the direct payments started hitting North Carolina families’ bank accounts.
During the call, Congresswoman Ross and NCDP Chair Richardson highlighted how President Biden and Democrats delivered for North Carolina families, while the entire North Carolina Republican congressional delegation voted against legislation to help revitalize the economy and get North Carolinians back to work. Sarai Faison discussed how the expanded Child Tax Credit is helping her family balance child care costs amid transitioning back to in-person work.
In North Carolina, the expanded Child Tax Credit will:
- Be provided to the families of over 2 million children in North Carolina.
- Is expected to lift 137,000 children out of poverty in North Carolina.
- Provide monthly payments of $300 to the families for each child under 6 years old.
- Provide monthly payments of $250 to the families for each child between ages 6 and 17.
See below for coverage on the press call:
News & Observer: ‘It takes away a layer of stress:’Child tax credit payments hit NC bank accounts –– “For Durham’s Sarai Faison, a working mother of two, the monthly checks that began Thursday from an expanded child tax credit bring a sense of relief. During the coronavirus pandemic, Faison and her husband became a one-income household for a time as they juggled virtual schooling for their 9-year-old daughter and caring for their 3-year-old son at home. Now as they transition back to working full-time outside of the house, their expenses, particularly day care, are rising. ‘What these payments will allow us to do is pay for child care expenses, and it takes away a layer of stress that is inherent in trying to return to the workforce and financially plan for a new setting,’ said Faison, who works in clinical development at a pharmaceutical company.”
Spectrum News 1: President Biden’s Child Tax Credit
WRAL: Child Tax Credits: Payments Start Today
WNCT: Child Tax Credits Hit Bank Accounts