“`html
{
"@context": "https://schema.org",
"@type": "FAQPage",
"mainEntity":[
{
"@type": "question",
"name": "What is the proposed change to the Child Tax Credit (CTC)?",
"acceptedAnswer": {
"@type": "Answer",
"text": "the House-approved reconciliation tax bill aims to increase the Child Tax Credit (CTC) to $2,500 per child, up from the current $2,000, through 2028. The Senate is now considering potential adjustments to this expansion."
}
},
{
"@type": "question",
"name": "Why is the Senate considering changes to the Child Tax Credit expansion?",
"acceptedAnswer": {
"@type": "Answer",
"text": "The Senate is evaluating ways to ensure the expanded Child Tax Credit (CTC) benefits working-class families, not just those with higher incomes who can fully utilize the non-refundable portion of the credit. The current House plan caps the refundable portion at $1,700 per child, potentially excluding some low-income families from fully benefiting."
}
},
{
"@type": "Question",
"name": "How does the current Child Tax Credit (CTC) structure affect low-income families?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Under the House bill, the refundable portion of the Child Tax credit (CTC) remains capped at $1,700 per child. This means that approximately 8% of children who currently recieve the full credit may not be able to claim the full expanded credit, requiring families to earn substantially more to access the entire benefit."
}
},
{
"@type": "Question",
"name": "What are the Senate's proposed adjustments to the Child Tax Credit (CTC)?",
"acceptedAnswer": {
"@type": "Answer",
"text": "The Senate is considering two key adjustments: 1) Starting the refundable credit at the
