Update on the Child Tax Credit: Mitt Romney wants to send $350 to parents to cushion the blow of inflation

Update on the Child Tax Credit: Mitt Romney wants to send $350 to parents to cushion the blow of inflation

in introducing a revised proposal to create a sustainable monthly child tax credit, as a response to "an extraordinary amount of financial strain"

Faced by American families. By promoting work and supporting pregnancy, Romney's Family Security Act 2.0

Faced by American families. By promoting work and supporting pregnancy, Romney's Family Security Act 2.0

($4,200 annually), and for children aged six to 17, parents would receive $250 per month ($3,000 annually).

As part of the proposal, expectant parents will also be able to earn $700 a month during the last four months of their pregnancy and $2,800 in total.

Mitt Romney said in a press statement that we need to do more to help families meet the challenges they face as they

Raise our society's children, which is the most important job anyone will ever have. The plan proves we are able to do

Raise our society's children, which is the most important job anyone will ever have. The plan proves we are able to do

as opposed to his original proposal. New plan includes a $10,000 income threshold, indexed for inflation, 

as opposed to his original proposal. New plan includes a $10,000 income threshold, indexed for inflation, 

3.5% of American families are single-parent households that earn less than $10,000.

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