Spending Responses to the Child Tax Credit Expansions

Authors:Jonathan Fisher, Washington Center for Equitable GrowthJake Schild, U.S. Bureau of Labor StatisticsDavid S. Johnson, National Academies of Sciences, Engineering, and Medicine Abstract: This article summarizes the literature that studied how people used the 2021 advance Child Tax Credit. Four primary findings emerged. Families more frequently reporting paying down debt during the first few months […] The post Spending Responses to the Child Tax Credit Expansions appeared first on Equitabl