EITC Expansion in Climate Change Bill
For those of you following the cap-and-trade argument underway, the House will be voting on the latest climate change bill on Friday, June 26 (interesting reading on the bill are available from a variety of sources). But for those of you who follow the EITC, there is another important change within climate change – an expansion of the EITC to childless workers. Work Forward does a good job of explaining the expansion. One aspect of note: many noncustodial parents who owe child support do not have access to the EITC. The hope is that expanding the EITC to these workers creates an incentive to work and pay more child support, thereby benefiting those children.