Hillary Clinton Releases Plan to Help Children in Deep Poverty

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While Donald Trump is doing his best to immolate the Republican Party, Hillary Clinton is…making proposals to assist people in need. Boring! This is, however, the kind of thing we typically expect from presidential candidates, and Clinton’s new proposal is on a subject that’s been close to her heart for her entire career: helping children.

In particular, she’s proposing a two-part change in the child tax credit. First, instead of kicking in at $3,000, it would kick in at $0. This would help people in the deepest poverty. Second, for families with children four and under, it would max out at $2,000 instead of $1,000. The chart below shows what families would get per child compared to the current CTC (in blue):

The mainstream press pretty clearly couldn’t care less about this, and I suppose that’s hardly surprising given the Hindenburg-like dimensions of the meltdown of one of America’s two major parties. Still, surely it deserves a little bit of attention?

UPDATE: My original chart was wrong. The current child tax credit starts at $3,000 and increases by 15 percent of income until it maxes out. The Clinton credit starts at $0 for children of all ages, but increases more steeply for children four and under. Apologies for the error.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

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