[LWVNM Action] LWVNM will be supporting an increase in the Child Tax Credit

[West Laura]

 The US House passed a federal funding bill this week.  It did not include an funding for an increase to the child tax credit.  It's unlikely that the Senate will add it.  FYI.
Laura
    On Tuesday, December 20, 2022 at 02:29:30 PM MST, Richard Mason via Action <action at mailman.swcp.com> wrote:  
 
  As part of the Tax and Revenue Priorities of the League, we will be supporting an expansion of the Child Tax Credit (CTC) . Few tax policies have been more effective in aiding  families and making our tax system fairer:
Temporary expansions in the federal Child Tax Credit helped New Mexico parents meet the basic needs of their families. The credits were used to purchase basic necessities such as food and housing, and to pay off debt. But with the fate of future federal expansions uncertain, the state must continue to take the lead and ensure all New Mexico families can meet their needs and thrive  

See the attached fact sheet from NM Voices for Children
Dick Mason_______________________________________________
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