Raegen Selden, a mother of six from Pennsylvania, shares how the Child Tax Credit has helped her family cope with the rising cost of raising children. As both presidential candidates propose expanding the credit, experts highlight its positive impact on child development and poverty reduction.
Norristown, Pennsylvania — If anyone knows how expensive it is to raise a child, it's Raegen Selden, an office manager in Norristown, Pennsylvania. She has raised six children who range in age from 12 to 25.'I have two sons who are hungry every second, every minute of the day,' Selden said. 'I have daughters who would like to think that they eat dainty, but they don't.
Former President Donald Trump's campaign is proposing a $5,000 per child yearly tax credit. Vice President Kamala Harris is proposing a credit of up to $3,600 per child, with a bump to $6,000 for newborns. Trump wants the credit to go to all families regardless of income, while Harris would restrict the credit to low and middle-income families only. She would also make the credit 'refundable,' meaning even parents who don't pay taxes would get the credit in cash.
Child Tax Credit Raising Children Poverty Reduction Political Debate Family Finances
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