Maine lawmakers propose child tax credit expansion, aiming to aid families

Democratic lawmakers in Congress are advocating for an expanded child tax credit, which would increase the credit from $2,000 to $3,600 for children aged 6-17 and $4,320 for those under 6, aiming to reduce childhood poverty significantly. Similarly, a bill in Maine proposes to increase the state’s child tax credit by $300 for families with children under six, reflecting a broader push to support low- and middle-income families. This Maine bill, backed by bipartisan support, aims to provide additional financial relief by phasing out benefits for higher earners. Testimonies from parents highlight the necessity of such support in managing essential expenses and fostering children's well-being. Senate President Mattie Daughtry emphasized that the legislation is designed to be revenue neutral and reflects the values of supporting hardworking families. Both efforts underscore a growing recognition of the importance of tax credits in alleviating financial strain on families.