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Change Child Tax Credit |
"Obama will reform the Child and Dependent Care Tax Credit by making it refundable and allowing low-income families to receive up to a 50 percent credit for their child care expenses."
-- Obama's Blueprint for Change
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FEBRUARY 17, 2009
Child Tax Credit Expansion Makes It Into Final Package
The final version of the stimulus package retains the expansion of the child tax credit to families making at least $3,000. |
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JANUARY 28, 2009
House-Approved Stimulus Bill Expands Child Tax Credit
The stimulus package passed by the House removes the $8,500 income floor for the child tax credit, allowing some families that pay no income taxes to receive the credit. |
