We made those lower tax rates permanent. We made the increased standard deduction permanent, and we made the increased child tax credit permanent. But Mr. President, we didn't stop there. We expanded the child tax credit even further and indexed it to inflation. so that its value will never go down. We also further increased the standard deduction, exempting additional money from Americans taxable income. (01:28–01:34)
CLAIM
Asserts that the child tax credit was expanded and indexed to inflation.
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