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View article: Effects of the Expanded Child Tax Credit on Household Spending: Estimates Based on U.S. Consumer Expenditure Survey Data
Effects of the Expanded Child Tax Credit on Household Spending: Estimates Based on U.S. Consumer Expenditure Survey Data Open
The Child Tax Credit (CTC) was substantially expanded through the American Rescue Plan Act of 2021, making the benefit more generous, fully refundable, and more periodic.Early studies documented the positive impact of the expanded CTC on r…