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Stateside Podcast: What the expanded child tax credit means for families

A black father, mother, and child sit at a table filled with breakfast food. The mother is passing a tray of food to the father.
Jimmy Dean
/
Unsplash
The expanded child tax credit has put cash into the pockets of Michigan families. That has economic implications beyond just the household budget for food or day care.

The American Rescue Plan, passed by Congress earlier this year, turned the annual child tax credit into monthly cash payments for families with kids. As Congress debates whether to extend the policy, Stateside digs into what the extra cash has meant both for individual households and the broader economy.

GUESTS:
Anita Cobb, mother of three living in Lansing. You can find more about Anita and other families receiving the child tax credit payments here.

Betsey Stevenson, professor at the University of Michigan's Ford School of Public Policy

Looking for more conversations from Stateside? Right this way.

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Stateside’s theme music is by 14KT.

Additional music by Blue Dot Sessions.

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April Van Buren is a producer for <i>Stateside</i>. She produces interviews for air as well as web and social media content for the show.