Washington Post - Cable news flickered on the flat-screen television in Ruth and James Jones’s living room. The CNN ticker read: “Biden lowers spending bill price in effort to lure Manchin and Sinema.” The couple watched and listened. Read the full article. They are raising two grandchildren, ages 10 and 17, on a limited income…
Tax and Budget
Earlier this week, it was reported that Senator Manchin was calling for a significant weakening of the enhanced Child Tax Credit (CTC) as part of his proposal to scale back the Build Back Better agenda. The enhanced CTC is one of the signature programs of the recovery agenda and is already making a significant impact…
WOWK - On this week’s episode of Inside West Virginia Politics, Charleston Mayor Amy Goodwin discusses her request for a special session of the West Virginia Legislature and Governor Jim Justice’s reaction. She also talks about what the city has been doing with federal funding and how events returning to Charleston have affected the city’s…
For Immediate Release: October 14, 2021Contact: Renee Alves, 304-720-8682 Charleston, WV – The American Rescue Plan has been providing families with monthly installments of the Child Tax Credit since July, but the expanded program will expire on December 31 unless Congress acts to extend it. Families with children receive $300 for each child under age 6 and…
WOAY - A part of the American Rescue Plan, the expanded Child Tax Credit (CTC) program is a central source in helping with the effects of food hardship to financial instability, acting as a financial relief for working families across the country. Watch the full segment. According to the West Virginia Center on Budget and…
The city of Huntington voted earlier this month to eliminate the city's Business and Occupation (B&O) tax for restaurants and retailers, which is expected to result in an annual revenue loss of $2 million. The city is hopeful that the revenue loss will be offset by increased local sales tax revenue. However, this is a…
New Republic - The expanded child tax credit has been enthusiastically embraced by most Democrats as an easily promotable example of a social policy that aids families in tangible ways. On the surface, the policy would appear to be one of the few things Democrats across the ideological spectrum might agree on as they undertake the messy…
The combination of tax changes in the Build Back Better bill recently approved by the House Ways and Means Committee would result in a tax cut for the average taxpayer in all income groups except the wealthiest 5 percent in West Virginia, according to a new report from the Institute on Taxation and Economic Policy.…
WVNS - The pandemic changed life for millions of Americans across the nation. Utility and food bills increased with more time spent at home, causing more financial stress for millions of families. Here in the Mountain State, one woman said Congressional action made a huge difference. Read the full article. “Ask them how much a…
WTRF - COVID-19 has taken a toll on many families. But, families who were just barely getting by are getting a boost, with the help of the expanded Child Tax Credit Program. Read the full article. Like other families, Jenny Showalter, who lives in Wheeling, knows the impact of the expanded Child Tax Credit program.…