The expanded child tax credit is a major part of the Democratic spending agenda and is set to expire after Sen. Joe Manchin said he won’t vote for the legislation. So what exactly do those payments entail?
The child tax credit has been around in various iterations for years now, but its most recent revamp as part of President Joe Biden’s COVID-19 relief legislation earlier this year has been the most expansive.
It began with bipartisan support back in 1997 under President Bill Clinton. Those with children who met certain criteria were allowed to deduct the tax credit from their federal income taxes. Back then, the credit was nonrefundable, meaning that if the filer’s credit was higher than the amount of taxes owed, they would not receive a cash reimbursement. Under President George W. Bush, the child tax credit increased from $500 to $1,000 and was made partially refundable for certain low-income taxpayers…
Washington Examiner 
