A fully refundable child tax credit could do more harm than good, experts say. Here’s what they mean.

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An expansion of child tax credits is included in President Joe Biden’s stimulus proposal. Critics are arguing that the move will do little to alleviate child poverty in the US.

The expansion of child tax credits gives families with children under the age of six $3,600 per year, and $3,000 per year for every child between the ages of six and 17. The credits would also be fully refundable, meaning that people could receive the complete payment regardless of what they owe in taxes, and Democrats are drafting legislation to issue the credits as $30o details ⇒

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