Advocacy group: Cliff deal a win for childrenPoverty & Family Economics Tax Policy
The Hill, by Bernie Becker
The fiscal-cliff deal extended expansions of the Earned Income Tax Credit and the child tax credit, both incentives aimed at working families, that were first enacted in the 2009 stimulus package. It also kept the American Opportunity Tax Credit, a provision that helps families with tuition costs.
Democrats had pushed for months to keep those expansions, saying they were always meant to be permanent. …Read more