A coalition of social service providers and community advocates in New York urges Governor Kathy Hochul to include the Working Families Tax Credit in the upcoming state budget. This initiative aims to provide substantial financial relief to struggling families, as many face a severe affordability crisis. The proposed credit would increase financial support for families with three times the current amount and adjust payments quarterly, addressing the urgent needs of nearly one in five children living in poverty statewide.
The Working Families Tax Credit combines and expands existing credits to give families up to $1,600 per child, eliminating exclusions and increasing support to match inflation.
Nearly one in five New York children now live in poverty, highlighting the urgent need for effective support measures to tackle the affordability crisis.
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