If we hadn't passed the Tax Working Family Tax Cuts bill, these families would have been slapped with a tax increase. With the child tax credit scheduled to decrease from $2,000 to $1,000, our legislation prevented this from happening and we raised the child tax credit to $2,200 and indexed it to inflation. so that it will continue to go up year after year. We also permanently strengthened the employer Provided child care credit. This tax credit will incentivize businesses to provide childcare for their employees. (07:01–07:17)
CLAIM
Asserts that legislation raised the child tax credit to $2,200 and indexed it to inflation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
