Albuquerque Journal

Congress must pass CTC, EITC lifelines

- LOUISA BARKALOW Albuquerqu­e

THE JOURNAL covered water shortages that are currently impacting farmers living along the Rio Grande due to the drought (May 20) . Across the nation, housing shortages impact people across all levels of the economy. Another dire shortage, made worse by current inflation rates, is the income shortage of millions of impoverish­ed families, which hinders their ability to provide for the health of their children. Shortages, droughts and famines all devastate the ability of many people to care for their basic needs.

The income shortage can be addressed more directly than the others. In 2020, Congress passed a huge reconcilia­tion package to assist American citizens whose income had been further reduced as a result of the pandemic. Included in this package was the Child Tax Credit. The Child Tax Credit payments that lifted 3-4 million out of poverty last year have ended, along with an expansion of the Earned Income Tax Credit focused on helping low-wage workers make ends meet. Those payments were used to help pay expenses like food, childcare and rent. With millions of families facing hardship and struggling to keep a roof over their heads, Congress is resuming negotiatio­ns on an economic package. I urge our legislator­s in Congress to prioritize passing legislatio­n that extends the EITC and CTC.

Addressing the lifethreat­ening shortages we face as a country is crucial. Getting money directly to the people who need it most is an effective step that we can take immediatel­y and that benefits us all in the long run. We must not be shortsight­ed at such a crucial time.

Newspapers in English

Newspapers from United States