Congress should do two things to make tax code more fair

I agree with this priority, and there are two things Congress could do right now to make it happen. First, expand the Child Tax Credit. In 2021, Congress expanded the CTC to all low-income families and sent it as monthly payments. Child poverty immediately plummeted, and parents breathed a sigh of relief. Sadly, Congress let the expanded CTC expire.

Second, enact a Renter Tax Credit (RTC). Millions of American renters are struggling to keep up with skyrocketing rents. While the tax code gives billions in tax breaks to homeowners, renters get nothing. The RTC would remedy this by giving rent-burdened households a refundable tax credit to help offset the high cost of rent.

I urge Senator Barrasso, Senator Lummis and Representative Hageman to follow suit by expanding the CTC and enacting an RTC now.