skip to main content
skip to newscasts

Friday, April 11, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

China raises tariffs on U.S. to 125% as 'tit-for-tat' trade war escalates; Victory in federal court for northern ID grizzlies; MD's local libraries brace for federal funding cuts; MS residents' outcry prompts Social Security Admin. to reverse course on phone service cuts.

view newscast page
play newscast audioPlay

Speaker Johnson says safety net programs will be "protected" in House budget. Secretary of State Rubio defends the administration's revoking of hundreds of student visas, and rural libraries could close as federal funding is cut.

view newscast page
play newscast audioPlay

Trump's tariffs sow doubt and stress for America's farmers, rural Democrats want working class voters back in the fold, and a cancelled local food program for kids worries folks in Maine.

Report: Biden Relief Package Could Reduce Child Poverty in Nebraska

play audio
Play

Thursday, February 4, 2021   

LINCOLN, Neb. -- President Joe Biden's proposal to expand the Child Tax Credit would help reduce child poverty and extend the credit to nearly half of all Black and Hispanic children, according to new analysis by the Institute on Taxation and Economic Policy.

Amy Hanauer, executive director for the institute, said the move will help working people in Nebraska who actually pay a larger share of their income in payroll, sales and other state and local taxes, but don't earn enough to pay federal income tax.

"The changes to the Child Tax Credit no longer punish you for being in that situation," Hanauer explained. "And they say, 'OK, your child deserves a credit,' just like any upper-middle-income child would deserve a credit."

Hanauer emphasized expanding access to the cash-back credit, part of the administration's COVID relief plan, would put an additional $2,200 on average into the pockets of 99% of Nebraska families with children. Previously, only wealthy and middle-income families could claim the credit.

Critics warned Biden's relief package would increase the budget deficit and give money to people who are not currently struggling economically.

Hanauer argued lawmakers now opposed to sending $1,400 in direct payments to workers had no concerns about expanding deficits when tax cuts put $50,000 on average into the pockets of America's wealthiest families.

She believes Biden's plan will help struggling families, and state and local economies.

"We're making sure that the poorest people and those who really need it get help," Hanauer contended. "But we're making sure that this is really something that is helping almost all of us. And that will in turn be reinjected right back into the economy, because people have been holding back on spending."

In addition to cash payments and the Child Tax Credit expansion, Biden's plan also calls for increasing the Earned Income Tax Credit.

Hanauer added these three measures would send targeted relief to the bottom 60% of taxpayers, who would see an average benefit of $3,500.


get more stories like this via email

more stories
The Atlantic hurricane season officially begins on June 1 and will last through the end of November. (Pixabay)

Environment

play sound

The Federal Emergency Management Agency has abruptly ended a key disaster-preparedness program, sparking concerns as another active hurricane season …


Environment

play sound

Wildlife conservationists are working with landowners and concerned Texans to recover at-risk species. Currently, more than 1,100 animals from …

Social Issues

play sound

The Social Security Administration has reversed its controversial plan to eliminate phone services for benefit claims, a move that would have forced …


Minnesota public health worker Amy Saupe, who is being laid off because of federal cuts, holds a sign at a demonstration in St. Paul on Thursday. (Mike Moen)

Social Issues

play sound

Minnesota officials have launched a new online tool detailing how the state is being affected by federal cuts. Public health workers keeping an eye …

play sound

Minnesota's unemployment rate is low, but the state still faces a skilled labor shortage. A regional college hopes to be a solution as it looks to …

Supporters of an expanded Direct File system say it could save Pennsylvanians more than $600 million in combined annual tax-filing fees and additional tax credits claimed directly from the IRS. (Adobe Stock)

Social Issues

play sound

Pennsylvania is among a growing number of states offering residents access to the Internal Revenue Service's free tax filing system, Direct File…

Social Issues

play sound

A surge in federal funding has fueled a clean-energy boom in Pennsylvania and across Appalachia, according to a new report. Investments doubled in …

Social Issues

play sound

April is both National Poetry Month and National Library Month, and younger generations are embracing both. The American Library Association says …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021