This month, the families of nearly 2 million children in North Carolina began seeing much-needed monthly tax cuts hit their bank accounts thanks to President Biden and Democrats’ expanded Child Tax Credit included in the American Rescue Plan.
Despite opposition from every single member of the North Carolina Republican congressional delegation, these monthly tax cuts are providing relief for working families in North Carolina to afford daycare, putting food on the table, and doctors appointments for their children. The expanded Child Tax Cut is expected to lift 137,000 children out of poverty in North Carolina.
See below for what North Carolina parents are saying about how these tax cuts are impacting their lives:
Asheville Citizen-Times: Biden’s monthly tax cuts value parents at a level we deserve ––
“I recently opened a letter from the White House outlining how President Biden’s expanded child tax credit will help my family. I breathed a big sigh of relief. These payments, which my family and many working families across our country started receiving last week thanks to the American Rescue Plan, couldn’t come at a more critical time as the transition back to pre-pandemic life and corresponding expenses start to kick in… Through the expanded child tax credit included in his American Rescue Plan, President Biden is showing an unprecedented level of trust for parents. He knows that we know best how to take care of our kids when given the resources to do it. There’s no better way to do this than invest in families to jump start economic mobility and ensure a better future for our children. President Biden is valuing parents at the level we deserve.”
WXII 12: Child Tax Credit
“We’re going to use it toward our daughter. It’s a Child Tax Credit. We definitely want to invest that back into our daughter… For us, it definitely helps us out financially with having that cushion.”