FAMILIES OF MINOR CHILDREN IN PA WOULD BENEFIT FROM PROPOSED EXPANDED FEDERAL CHILD TAX CREDIT

The families of more than 500 thousand minor children in Pennsylvania would benefit from a proposed expanded federal child tax credit.

The federal legislation also calls for providing a tax break to people hurt by last year’s Norfolk Southern derailment in western Pennsylvania. The new tax provisions would cost 78 billion dollars over three years. They would be offset by ending a business tax credit passed during the pandemic that was designed to help avoid layoffs.