No, Parents Didn't Spend Child Tax Credit Money On Drugs, Study Finds

Politics and Government Politics and Government

Thu, January 9, 2025

[ Thu, Jan 09th ] - MSN

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[ Thu, Jan 09th ] - ABC

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[ Thu, Jan 09th ] - Reuters

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Florida lawmakers consider banning political flags from schools, government buildings

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[ Wed, Jan 08th ] - MSN

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[ Wed, Jan 08th ] - Yahoo

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[ Wed, Jan 08th ] - Wired

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No, Parents Didn't Spend Child Tax Credit Money On Drugs, Study Finds

^{Published on 2025-01-08 14:21:17 - MSN}

The child payments were discontinued amid concerns from some lawmakers, especially then-Sen. Joe Manchin, that parents spent the money on drugs.

A recent study has debunked the myth that parents misused the expanded Child Tax Credit (CTC) payments on drugs or other non-essential items. The research, conducted by the Center on Budget and Policy Priorities, found that the majority of the funds were spent on essential needs such as food, clothing, utilities, and rent. This counters the narrative pushed by some critics who suggested that the financial aid would lead to irresponsible spending. The study highlights that the CTC payments significantly helped in reducing child poverty and food insufficiency, with parents prioritizing their children's well-being. The findings support the argument for making the expanded CTC permanent, as it directly aids in improving the quality of life for low-income families.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/no-parents-didn-t-spend-child-tax-credit-money-on-drugs-study-finds/ar-AA1xbxNa ]

N@N

No, Parents Didn't Spend Child Tax Credit Money On Drugs, Study Finds