The recently expanded child tax credit was the topic of discussion at the New Hampshire Children’s Museum in Dover on Monday.
Under the Expanded Child Tax Credit, eligible families will receive monthly payments of up to $ 3,600 per child.
Margaret Langdenskamp, a mother from Exeter, said her family getting the tax credit every month “will be huge”.
“When child care cost us $ 12,000 a year for a baby… it was straining our family budget,” Langdenskamp said.
US Representative Chris Pappas, D-NH, was at the museum for the discussion. He said the tax credit is a big deal for the country.
“I think this is going to really shake things up in terms of affordability for a lot of families, and our kids are worth the investment,” Pappas said.
Pappas said the money would give parents the opportunity to meet basic needs.
“I have heard parents talk about having the means to pay for child care, repairing a leaking roof or repairing a car to get back into the workforce thanks to this tax credit. We are talking about the basic needs of families which go a long way in providing a healthy environment for the next generation, ”said Pappas.
Pappas serves New Hampshire’s premier district. The program is expected to reach 77.5% of children in the district, benefiting 103,900 children.
The money comes from the American Rescue Plan Act, which Pappas supported.
According to a press release, the legislation will lift 4,500 children in the district out of poverty, including 1,700 children under the age of 6.
Monthly child tax credit payments will be made to families starting July 15.
Pappas was joined by State Senator Rebecca Perkins Kwoka, D-NH, at the event.
Contact editor-in-chief Kimberley Haas at [email protected]
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