T22-0187 - Options to Expand Refundability of the Child Tax Credit (CTC), Impact on Tax Revenue, 2023-32 Fiscal Years

Table shows the impact on federal tax revenue for fiscal years 2023-32 of four options to expand refundability of the child tax credit (CTC). Options are: repeal earned income threshold; repeal refundability limit enacted by the 2017 Tax Act; increase the refundability rate from 15 to 30 percent; and all three options combined.