Trump and Harris back larger child tax credit as debate on eligibility heats up

In the 2024 presidential election, both Vice President Kamala Harris and former President Donald Trump support increasing the child tax credit, a measure aimed at reducing child poverty. The previous expansion under Biden significantly lowered child poverty rates but expired last year. Harris proposes a monthly payment system, providing $6,000 for newborns and $3,600 for older children, regardless of parental income. Trump has not detailed his plans but has suggested a significant increase, with his running mate proposing a potential $5,000 credit. Debate continues over eligibility, particularly for stay-at-home parents. Some Republicans express concern that expanding benefits could discourage work, while advocates highlight the financial struggles faced by families, especially single mothers.