So I'm going to extend it to $50,000. My plan is about what we need to do. Yes, expand the child tax credit. Because For young families for the first year of their child's life, $6,000 allows them to buy a crib, a car seat, and just be able to not just get by, but get ahead for that most critical stage of their child's development. We all benefit from that. We all benefit from that. I understand, but that sounds great. It does. It all sounds good. But the reality is these tax cuts have been in place for years. (26:29–26:45)
CLAIM
Asserts that $6,000 helps young families afford essentials in their child's first year.
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.