(StatePoint) Greater income allows parents to better meet children’s basic needs, and financial stability can reduce parental stress. Advocates say that child tax credits (CTCs) provide one avenue for states to increase family resources and are encouraged by progress being made by Washington, D.C. and states around the country.
Studies show that credits like child tax credits have big benefits for families and are linked to improvements in child and maternal health outcomes as well as reduced hunger and poverty. CTCs, which have bipartisan support, help families cover essentials like food, clothing, childcare and transportation. These initiatives -- in many cases made in response to the expiration of the expanded federal Child Tax Credit in 2021 -- aim to ease rising costs and improve eco

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