Call me cynical … many people have. But I have a question. How do we know that these new payments will in any way be used to directly help the children, especially in dysfunctional families where children are more at risk?
If you are irresponsible in your daily life and relationships, why will this cash change things?
In any case the article is a good read and food for thought.
Starting in July, under a newly retrofitted Child Tax Credit (CTC), the IRS will begin sending monthly checks of $250 per child ($300 for children under six) to families with adjusted gross incomes under $150,000. Part of the Covid-era American Rescue Plan, the revamped CTC will benefit the large majority of American families with kids, but its biggest impact will be felt by the approximately 10 million children below the poverty line. The prediction is eye-popping: the new law, the consensus has it, will slash child poverty in half.