CHARLESTON, W.Va. -- The final round of the federal government's Child Tax Credit (CTC) payments ends today, unless Congress votes to extend them before the year is up.
Advocates for West Virginia families say the extra money has helped them make ends meet, and the Center on Budget Policy and Priorities said getting the credits monthly has so far benefited roughly nine in 10 children across the nation.
Holly Bradley, a farmer in Pocahontas County, said the extra money she has received this year through the CTC has helped keep her family afloat, and losing it would be a setback.
"I feel like that's going to leave a lot of folks having to choose between what bills they pay," Bradley asserted. "And what food they're able to put on the table, and if they can make rent or not."
The Build Back Better Act would expand the maximum credit to $3,600 for children under age six, and $3,000 dollars for kids ages 6-17, through next year.
Critics, including Sen. Joe Manchin, D-W.Va., say the increased spending would add more than a trillion dollars to the national debt over the next decade. The IRS said Congress will have to greenlight the social spending package by the end of the month, in order to ensure the next round of monthly payments is made, Jan. 15.
Jessica Ice, executive director of West Virginians for Affordable Health Care, pointed out several provisions in the Build Back Better Act are aimed at helping families reduce essential expenses, especially amid rising inflation.
"For example, things like lowering the premiums for families buying health insurance through the healthcare.gov marketplace; the prescription drug price negotiation for Medicare that would lower costs for Medicare enrollees," Ice outlined.
Bradley pointed out many West Virginia families are still trying to bounce back from income loss during the pandemic. And with the holidays approaching, she believes not being able to count on Child Tax Credit payments will only increase the stress.
"That uncertainty and that instability, our children are feeling that, like, tenfold," Bradley explained. "They can tell when we are unstable, or we are uncertain about our life situation."
A recent survey found 86% of West Virginia parents reported the monthly payments have made a "huge difference" for their families, and 88% said the credits made them less anxious about their finances. Less than 4% of respondents felt the payments do not make much of a difference.
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The Indiana Chamber of Commerce outlined six key priorities for lawmakers ahead of the legislative session in January.
Rather than releasing detailed policy positions, the Chamber emphasized broad focus areas, including workforce, education, economic growth, infrastructure, quality of place and community health.
Phil GiaQuinta, D-Fort Wayne, House Minority Leader, responded to the Chamber's priorities, highlighting the need to address child care as a factor in economic development.
"We talk about economic development with things that impact economic development here in the state. Child care is really one of those," GiaQuinta contended.
The organization stressed the critical role of affordable child care in workforce development, citing a report estimating Indiana loses $4.2 billion annually, including $1.7 billion in tax revenue due to child care challenges. High costs force some parents out of the workforce, straining the state's economy.
Statehouse leaders acknowledged the issue but differ on solutions. Democrats argued child care deserves more state investment, while Republican leaders believe the private sector should play a larger role.
Todd Huston, R-Fishers, Speaker of the House, said businesses should not expect the state to solve their child care problems entirely.
"They've done a lot of different things to try to support families and young families. We will continue to do that," Huston stated. "But I think we also have to set a level of expectations that we're not going to; the state's not going to be funding all universal pre-K."
The Chamber plans to release detailed policy proposals in January, aiming to guide lawmakers toward strategies to strengthen Indiana's economy and workforce.
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North Dakota is no stranger to public pension debates. States face pressure to keep retirement systems well-funded and new data show most Americans place great value on such benefits for both government and private-sector workers.
According to the National Institute on Retirement Security, 86% of Americans believe all workers, not just those employed by state and local governments, should have a pension. There are similar approval levels when asked how important public pensions are in recruiting teachers and public safety workers.
Dan Doonan, executive director of the institute, suggested it is not too surprising to see the results.
"Pensions, along with other benefits, are part of creating that culture of careers and not jobs," Doonan explained.
Starting in January, North Dakota will close its main public pension plan for new hires, who will instead be offered a 401(k)-style benefit. The move followed debate over whether it was the right way to address a $1.9 billion unfunded liability. Backers argued it protects benefits for existing workers and taxpayers but skeptics contended it makes it harder to attract workers to the public sector.
Doonan noted the survey results overlap with the idea maintaining an experienced public-sector workforce is a good thing for community members and not just the employee and employer.
"In general, when public services are done well, they're often invisible, right?" Doonan emphasized. "We want good roads, we want safe communities, and I think Americans understand the role of having career public servants in terms of delivering those outcomes."
The Bureau of Labor Statistics said state and local governments employ about 20 million workers, which represents about 13% of the U.S. workforce.
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As Nebraskans anticipate the upcoming holiday season, some might also be looking ahead to the 2025 tax season, which will include a new tax credit for family caregivers, including those looking after military veterans.
Starting in 2025, a new state law provides eligible family caregivers up to $2,000 in tax credits for out-of-pocket expenses. The cap increases to $3,000 if the family member receiving care has dementia or is a veteran.
Jina Ragland, associate state director of advocacy and outreach for AARP Nebraska, said those who served have access to care benefits through the Department of Veterans Affairs but added it sometimes is not enough.
"Because some of their service-related illnesses or injuries, they extend beyond what they're able to afford, or maybe what the coverage is through the VA," Ragland explained.
She pointed out it puts more pressure on loved ones assisting them on a daily basis. During National Veterans and Military Families Month, supporters of the new law hope more families will see if they are eligible. Ragland noted while it helps reduce the financial strain, greater awareness of resources is also needed, to help all family caregivers avoid burnout.
Ragland emphasized one example is providing caregivers information about where to turn for guidance when a loved one is first discharged from a hospital. She argued entities at all levels need to maintain progress, because their outreach shows a demand for solutions.
"Over 90% of Nebraskans say that they want to age in place with the lowest level of care," Ragland reported. "In order to do that, oftentimes we have to rely on family caregivers."
There are no age restrictions to qualify for the tax credit. As for eligibility factors, the law includes an income limit of $50,000 dollars for individuals and $100,000 for married couples.
Disclosure: AARP Nebraska contributes to our fund for reporting on Budget Policy and Priorities, Consumer Issues, Health Issues, and Senior Issues. If you would like to help support news in the public interest,
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