Tax Policy Center

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T21-0223 – Tax Expenditure for the Child Tax Credit ($ billions), 2022-25

Aggregate tax expenditure amount ($ billions) for the child tax credit (CTC) for calendar years 2022-25 under three scenarios: current law; extension of the American Rescue Plan (ARP) Act's CTC expansion but retaining partial refundability; and extension of the ARP Act's CTC expansion including full refundability.

September 9, 2021