Tag: New Child Tax Credit Proposal

Stimulus Update: Who Might Be Eligible for a $2,000 “Baby Bonus” Under a New Child Tax Credit Proposal?

Jun 23, 2023

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by

Riya Sharma

in Finance, US News

Legislation to restore the enhanced child tax credit and offer a $2,000 “baby bonus” for households with new babies has been proposed by three U.S. House Democrats. In a wider proposal to revive the 2021 American Rescue Plan Act, U.S. Representatives Ritchie Torres of New York, Suzan DelBene of Washington, and Rosa DeLauro of Connecticut…