Two-child benefit cap scrapped - see how your area will benefit
https://fed.brid.gy/r/https://www.mirror.co.uk/news/uk-news/two-child-benefit-cap-scrapped-36318758
Here's what students, K-12 schools, and colleges can expect now that "One Big Beautiful Bill" is officially law:
•K-12 #school vouchers are going national (sort of)
•Loss of Medicaid funds to K-12 schools
•Cuts to food assistance & school meals
•Increase to the #ChildTaxCredit
•Big changes to federal #StudentLoans
•Changes to #PellGrants for low-income students
•An accountability earnings test for colleges
•Higher #tax on #college endowments
https://www.npr.org/2025/07/18/nx-s1-5459784/trump-school-college-student
South Korea's National Tax Service is distributing ₩1.8 trillion ($1.32 billion) in earned income and child tax credits to 2 million households, reflecting expanded eligibility and increased support for single-person and elderly households.
Average Child Care Cost for a Baby Exceeds In-State College Tuition in 41 States
And in most states, child care for families with two kids costs more than a mortgage or rent.
#TheGremlinZoo #Budget #ChildTaxCredit
From CBS News.com: Millions of U.S. kids could lose the Child Tax Credit under GOP budget bill, experts say
https://www.cbsnews.com/news/child-tax-credit-social-security-number-big-beautiful-bill-gop-trump/
Republican tax bill requires both parents to have a Social Security number to qualify for the Child Tax Credit, a policy shift that would make millions of kids ineligible.
Via #Politico @ 2:58pm ET on May 12, 2025
House #Republicans unveiled on Monday the heart of their long-awaited #tax package, a 389-page plan for tax cuts & some tax increases that would be the most consequential tax bill to pass #Congress in years
The proposal would raise a number of taxes in order to finance some new breaks demanded by #Trump and expand others like the #ChildTaxCredit, while also extending many more that are set to expire at the end of this year.
https://www.politico.com/news/2025/05/12/house-gop-sweeping-tax-legislation-00342253
The #ProNatalist angst about America's declining birth rate misses the obvious solution: free #childcare would solve the problem. The oft cited #ChildTaxCredit is a measley US$2,000 per year. That is a laughable amount that would motivate no one.
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