Child tax credit

New Jersey has launched a website called SimpleFile to assist eligible residents in applying for a state Child Tax Credit offering up to $1,250 per eligible child for families earning $80,000 or less. The initiative aims to streamline access to the refundable tax benefit for lower-income households.

New Jersey Democratic leaders announced a $60.7 billion state budget agreement for fiscal year 2027 ahead of the July 1 deadline, emphasizing tax relief, expanded Child Tax Credit, and protection against federal policies. The budget aims to cut the state’s structural deficit in half while maintaining pension funding and increasing surplus for social programs.

New York congressional candidate Jack Schlossberg proposes monthly Child Tax Credit payments instead of annual payments and wants to expand them. This proposal aims to support families financially. The plan is part of his campaign for a House seat.

The article highlights President Trump's tax cuts leading to record tax refunds and job growth, with Labor Secretary Chavez-Derefer citing increased refunds, new jobs, and benefits for workers. Key policies include the Working Families Tax Cuts, Child Tax Credit expansion, and tax relief on overtime and tips.

Over 53 million tax filers utilized Trump's tax cuts during the 2025 filing season, with average refunds exceeding $3,400. The Treasury Department reported a 11% increase in refunds compared to the previous year, citing widespread adoption of provisions like the expanded standard deduction and child tax credit.

Sharron Simmons, a DoorDash driver, delivered a McDonald's order to the White House and praised President Trump's no-tax-on-tips policy, which she estimates has added over $11,000 in extra income. The policy is part of Trump's 'One Big Beautiful Bill' tax package, which includes provisions like tax breaks for tips, increased child tax credits, and reduced tax obligations for overtime pay.

The U.S. recorded an all-time low birth rate in 2025, prompting calls for urgent pro-family policies. President Trump's One Big Beautiful Bill (OBBB) expands the Child Tax Credit and introduces Trump Accounts to support families financially and build generational wealth.

Hillary Clinton criticized the Republican Party for focusing on birthrates rather than addressing family affordability, proposing policies like expanding child tax credits and paid family leave. She also highlighted Trump's administration's actions on parental support while facing counterclaims from the White House.