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BANK ON IT: Food Bank For New York City's Blog

Thank You: The Child Tax Credit Is Safe

by Triada Stampas

Three weeks ago, the Food Bank reached out to supporters like you to help save a critical source of support provided by the Child Tax Credit (CTC) to our most vulnerable working families.

In a cynical move to offset the cost of the payroll tax and unemployment insurance extension, the House proposed cutting CTC refunds that benefit low-income, working families who file their taxes with Individual Taxpayer Identification Numbers (ITINs) rather than Social Security numbers.

Thanks to the actions of advocates like you, Congress protected this critical benefit which, simply put, helps keep food on the table for working families.

Though, in the end, Congress agreed not to require spending cuts to offset the extensions, Congress responded to the need for funding by initiating the auction of public airwaves for wireless Internet systems.

By removing a proposed cut that would have hurt our country’s most vulnerable, working families and identifying a revenue generating initiative that will speed digital communications, Congress has provided a perfect example of a fact that often goes unstated in Washington – we can reduce spending without hurting low-income Americans.

The Food Bank would like to thank our advocates for helping to save the Child Tax Credit! Please take a moment to visit our advocacy page for other actions you can take in support of New Yorkers in need.

Triada Stampas works to inform government officials, policy makers and the general public about the needs of the city’s network of emergency food organizations and the more than 1.3 million people who rely on them; and to advance public policy that meets those needs.

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