Briefing: Investing in Baby Bonds

On June 13, 2023, Prosperity Now held an event for Children’s Week to address unequal wealth distribution and build financial security opportunities for future generations. The Director of Policy explained that baby bonds are one of many solutions to create opportunities for those who face the brunt of the wealth gap. The Vice President of

House Ed and Workforce Committee Questions Secretary Becerra

On June 13, 2023, the House Committee on Education and the Workforce held a hearing titled “Examining the Policies and Priorities of the Department of Health and Human Services.” Committee members asked Secretary Becerra of the Department of Health and Human Services questions about children’s health-related to gender-affirming care and unaccompanied children at the border.

Webinar: Keep Up the Fight to Improve the Tax Code for Kids

On June 16, 2023, First Focus on Child held a webinar, “Keep Up the Fight to Improve the Tax Code for Kids,” to discuss the importance of restoring the improvements of the Child Tax Credit and Earned Income Tax Credit. Senator Brown (D-OH) explains the importance of the Child Tax Credit in his career and

Diaper Insecurity among U.S. Children and Families

The National Diaper Bank Network released a new report highlighting diaper need in the United States. From the report: “Families are considered to have diaper need when they cannot afford a supply of diapers adequate for changing at healthy intervals. Diaper need is a public health issue that threatens not only child health, but also

Congress Takes on Tax Reform

On June 7, 2023, Representatives Rosa DeLauro (D- CT), Suzan DelBene (D-WA), and Ritchie Torres (D-NY), reintroduced the American Family Act, legislation that would make permanent the expanded and improved monthly Child Tax Credit. The CTC was expanded as part of the American Rescue Plan Act, COVID-19 response legislation to help working families. The expansion

House Considers Farm Bill Provisions: Hearing

On June 7, 2023, the House Agriculture Committee held a hearing entitled “Innovation, Employment, Integrity, and Health: Opportunities for Modernization in Title IV” to discuss how to proceed with the Farm Bill, which is set to expire later this year. Though children were not the main focus of this hearing, they make up a significant

President Signs Debt Limit Deal

On Saturday, June 3rd, President Biden signed the debt limit bill, titled the Fiscal Responsibility Act, into law, one week after he and Speaker of the House Kevin McCarthy (R-CA) had struck a deal on the details of the legislation and just ahead of the June 5th deadline. As reported last week, the bill raises

Debt Limit Deal Released

News broke on Saturday, May 27, 2023, that President Biden and Speaker McCarthy (R-CA) had reached an agreement on the key provisions of a bill to raise the debt ceiling until after the 2024 election. Both the White House and the Speaker of the House released talking points and statements about the agreement, and bill

Ways and Means Considering Adding CTC to Tax Package

On May 24, 2023, Bloomberg reported that the House Ways and Means Committee is planning to release a tax package after the debt ceiling has been addressed, and Representative Blake Moore (R-UT) said the Child Tax Credit is “absolutely” on the table and has been part of committee discussions on the package, though the extent

Adoption Tax Credit Refundability Act

On Thursday, May 25, 2023, Representative Danny K. Davis (D-IL) joined with Representative Blake Moore (R-UT) to introduce the bipartisan H.R. 3662, Adoption Tax Credit Refundability Act of 2023. The legislation would make the current Adoption Tax Credit fully refundable, removing income as a barrier to adoption. Representative Gwen Moore (D-WI), Representative Randy Feenstra (R-IA),

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