07/29/2021 | Press release | Distributed by Public on 07/29/2021 14:36
Today, Rep. Panetta (D-Carmel Valley) and Rep. Bill Pascrell (D-NJ-09), led members of the House Ways and Means Committee in sending a letter to Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Charles P. Rettig asking they do everything possible to ensure that parents and caregivers who welcomed a child into their household in 2021 receive the Child Tax Credit (CTC). The undersigned members thanked the Administration for their work to deliver the CTC to millions of Americans but underscored the importance of making sure these new parents, who usually have higher than normal expenses, also receive this credit.
'Many new parents and caregivers are not receiving their monthly Child Tax Credits since their information isn't updated at the IRS,' said Congressman Panetta. 'I realize that the Administration is working hard to get monthly payments to millions of working families, but it's our responsibility in Congress to make sure that no one is left behind because of a simple filing issue. That's why we want to work with the IRS to ensure that new parents and caregivers receive their payments this year.'
'Thanks to the Democratic Congress and President Biden, Child Tax Credits will lift up millions of American families,' said Rep. Pascrell. 'While the CTC rollout has been successful, we must remain vigilant so no family fails to receive their tax credit. For those Americans welcoming new children to their families this year, stresses are high and so we are urging the IRS to do all it can to get tax credits to every new parent without undue delay. The child tax credit is about peace of mind to parents. I thank Congressman Panetta for his leadership in supporting American families.'
The letter can be viewed here.