Child Tax Credit Updates Quiz

What is the primary goal of the proposed expansion of the child tax credit?

• To increase government revenue

• To provide financial relief to families

• To decrease the national debt

• To reduce the number of children in schools

Why is the upcoming Senate vote on the child tax credit bill significant?

• It will change the healthcare system

• It will decide the next presidential candidate

• It will reveal lawmakers' stance on family support

• It will determine the future of the education system

What was a major outcome of the child tax credit expansion under the American Rescue Plan in 2021?

• Rise in unemployment rates

• Increase in child poverty

• Dramatic reduction in child poverty

• Decrease in school enrollment

What is one of the key points of contention regarding the child tax credit bill?

• The inclusion of an amendment process

• The expansion of the education budget

• The increase in military spending

• The reduction of healthcare benefits

What should families do to prepare if the child tax credit bill passes?

• Immediately file for bankruptcy

• Move to another country

• Stay informed and follow IRS guidelines

• Ignore the news and updates