July 2021
Representative Raymond E. Smith, Jr.
NC House District 21
Sampson & Wayne Counties
North Carolina General Assembly News
(919) 733-5863


Legislative Session 2021

I'm praying we are staying safe, and following the Governor's suggestions to continue to stay safe
Child Tax Credit:
  • President Biden believes that we need to make historic investments in our kids, our families, and our economic future – because when American families do well, our nation thrives.

  • July 15th, thanks to President Biden’s efforts and the successful passage of the American Rescue Plan, tens of millions of American families covering nearly 60 million children will begin to see their much-needed first monthly Child Tax Credit payment hit their bank accounts (for 86% of families) or arrive in the mail today or in the next few days.

  • This is a strong example of how President Biden delivers tangible relief for American families: the American Rescue Plan was passed on March 11, and just four months after passage, the first monthly child tax credit payments are being delivered and will continue on the 15th of every month this year going forward.

  • Thanks to the American Rescue Plan, the Child Tax Credit has been expanded, providing hard working families with more breathing room to cover expenses and pay the bills.

  • In 2021, the Child Tax Credit has been expanded from $2,000 per child to $3,000 for each child ages 6 to 17 and to $3,600 for each child under age 6.

  • Treasury estimates that families received roughly $15 billion dollars today in the first-ever round of monthly Child Tax Credit payments.

  • Eligible families who filed an income tax return in either 2019 or 2020, or who signed up to get an Economic Impact Payment last year, automatically received the first monthly payment.

  • The expanded Child Tax Credit is one of the largest-ever single-year tax cuts for families with children.  

  • Experts estimate the new Child Tax Credit will cut child poverty by multiples of the historic record. Experts have also estimated that the Child Tax Credit will be the main driver in predictions that the American Rescue Plan could cut child poverty by as much as half.

  • Treasury estimates that today, 26.5 million children from the most hard-pressed working families that previously would have received a smaller Child Tax Credit than families with higher earnings will now automatically receive the full and expanded Child Tax Credit.

  • The Child Tax Credit means that many Americans struggling to meet basic needs and cover basic expenses can rest calmly knowing they’ll be able to pay the bills and buy groceries at the end of the month. 

  • This should serve as a reminder that we need to focus on helping working middle class families and not those at the top. It’s time for those at the top to pay their fair share.

  • The new Child Tax Credit enacted in the American Rescue Plan is only for 2021 That’s why President Biden believes that we should extend the new Child Tax Credit for years and years to come, and he is proposing that we do so in his American Families Plan and Build Back Better agenda.

  • President Biden made it clear that inaction is not an option and Congress must act to pass the Build Back Better agenda.