Sen. Booker among 5 Democratic senators calling for President Biden to expand the child tax credit
Sen. Cory Booker is among five Democratic senators calling for President Joe Biden to expand the child tax credit.
The payments to parents expired last month.
A one-year extension was included in the president's domestic spending bill, but he concedes that might have to be dropped in negotiations. Sen. Booker says that's a mistake.
"Yes, we invested in families,” says Sen. Booker. “We invested in our businesses. We invested in families and tax cuts, but we want to continue them. We want to drive down the cost of child care even more. We want to make sure we are investing in lowering our prescription drugs costs. We want to make sure we make the biggest middle class tax cut in the history of the United States in the child tax credit, and we want to extend that."
Sen. Booker argues that last year's payments are projected to reduce child poverty by more than 40%.