Washington, D.C., August 2, 2024 – Bread for the World expressed deep disappointment about the Senate’s failure to move forward the expanded Child Tax Credit (CTC) for a vote as part of the Tax Relief for American Families and Workers Act of 2024. This legislation has the potential to benefit approximately 16 million children whose families currently receive a partial credit or no credit at all because their incomes are too low.
The following statement can be attributed to Rev. Eugene Cho, president and CEO of Bread for the World:
“Bread for the World is dismayed that the Senate did not move forward the expanded CTC, which was passed with overwhelming bipartisan support in the House earlier this year.
“This legislation would have benefited millions of children, and it was projected to lift 400,000 children out of poverty in the first year. By not moving forward the CTC expansion, the Senate is failing the 1 in 5 children under 17 who would have benefited from it in the first year.
“We urge the Senate to avert political brinkmanship and act quickly to serve the children and their families who would benefit from an expanded CTC.
“Bread for the World members and supporters have consistently advocated for the expanded Child Tax Credit throughout this year, and we will continue to lift our voices in advocacy and our hearts in prayer for children and their families who have difficulty making ends meet.”
