Subscribe To Our List

Donate to CHN

 

Demand Congress prioritize families over wealthy businesses

When it comes to tax breaks, Congress loves handing them to wealthy corporations. But working people and families? It’s like pulling teeth.

Take for example the research and development (R&D) tax break. This has been in place for almost 70 years and has bipartisan support. But, after expanding the Child Tax Credit (CTC) in 2021, lifting millions of children out of poverty, the Senate failed to renew this critical program in 2022.

Now, businesses are pushing for a continuation of the R&D tax break that has allowed them to deduct expenses immediately to help with cash flow. But what about the cash flow of struggling families?

Last year’s monthly checks of between $250 and $300 per child each month, assisted 36 million families across the country. Families living paycheck to paycheck who received those monthly payments reported being less likely to have to sell their plasma or go to debt-trap Payday Lenders to cover basic expenses.

Now that those monthly CTC payments have stopped, and with the price of food rising, 2 million more people with children have reported sometimes or often not having enough to eat, compared to last summer, when the CTC payments were being delivered.

Write to your members of Congress right now! Demand they not pass the R&D business tax break without first passing the expanded, monthly Child Tax Credit for 61 million children.

SIGN & SEND
Just one month after the monthly CTC payments stopped, 3.7 million children were plunged back into poverty. And adding to a really urgent cash flow problem, rising prices are forcing the average household to spend an extra $327 each month due to inflation.

Write to your senators and representative and tell them not pass the R&D business tax break without first passing the expanded, monthly Child Tax Credit for children and families.

☰
  • About
  • Issues
  • Campaigns
  • Human Needs Report
  • Voices for Human Needs
  • Events & Webinars
  • Publications
  • Jobs
Search
General filters
Exact matches only
Search in title
Search in content
Filter by Content Type
Select all
Publications
Editions
Events
Webinars
Articles
Voices
Filter by Issues
Budget & Appropriations
Education & Labor
Food & Nutrition
Health
Housing & Homelessness
Immigration
Poverty
Social & Economic Justice
Social Services
Taxes & The Economy
Content from
Content to
Take Action
Subscribe
Donate

June 19, 2018

View a PDF of this Edition

Articles by Issues

Budget & Appropriations

Food & Nutrition

Immigration

CHN: Senate to Take up Spending Cuts Package This Week
June 19, 2018
CHN: FY19 Spending Season in Full Swing
June 19, 2018
CHN: Senate to Take Up Bipartisan Farm Bill, While House to Vote Again on Harmful SNAP Cuts
June 19, 2018
CHN: Immigration Bills in Flux in the House
June 19, 2018
CHN: Advocates Take Steps to Stop Family Separations at the Border
June 19, 2018
RSS Feed

The Coalition on Human Needs (CHN) is an alliance of national organizations working together to promote public policies which address the needs of low-income and other vulnerable people.






1825 K Street NW, Suite 411
Washington, DC 20006
Ph: 202-223-2532 | Fax: 202-223-2538

  • About
  • Issues
  • Campaigns
  • Jobs & Internships
  • Human Needs Reports
  • Voices for Human Needs
  • Publications
  • Events

Take Action

Subscribe

Donate

Privacy Policy | Terms of Use

Coalition on Human Needs © 2022. All Rights Reserved.

1825 K Street NW, Suite 411 | Washington, DC 20006

Ph: 202-223-2532 | Fax: 202-223-2538

Coalition on Human Needs © 2022. All Rights Reserved.

Take Action

Subscribe

To CHN news & updates

Donate

Make an online donation

Like Us

On Facebook

Follow Us

On Twitter

Follow Us

On Instagram