Democrat Calls For Child Tax Credit Expansion As Trump Tariffs 'Raise Costs'
Summary
Senator Raphael Warnock wants to expand the Child Tax Credit to help families pay for school supplies, which have become more expensive. He says tariffs set by President Donald Trump have raised the prices of many school items, making it harder for families to afford them.Key Facts
- Senator Raphael Warnock proposes expanding the Child Tax Credit to give families more money for children’s expenses.
- The current Child Tax Credit gives families up to $2,200 per child under age 17.
- School supplies for one fourth-grade student in Georgia cost between $96 and $132, based on a report from five schools.
- Prices for educational books and supplies increased by 8.4% from May 2024 to May 2026.
- Some individual items, like colored pencils and notebooks, saw price increases of over 20%.
- Warnock’s report links some price rises to tariffs on imported school products from countries like Brazil and China.
- The American Family Act would raise the credit to $4,320 for children under six and $3,600 for older children, paid monthly.
- The Trump administration argues tariffs help American workers and manufacturers and can lower costs over time.
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