Former President Donald Trump’s running mate, Sen. JD Vance (R-OH), is advocating for a pro-family agenda that includes an expanded child tax credit and a childcare policy designed to benefit not just parents who use childcare centers, but also stay-at-home moms, dads, and grandparents.
In an interview with CBS News’s Margaret Brennan, Vance detailed his plans for a potential second Trump administration, aiming to reduce financial burdens on families.
🚨🇺🇸VANCE PROPOSES $5,000 CHILD TAX CREDIT
Republican VP candidate Sen. JD Vance has introduced a bold plan to more than double the child tax credit to $5,000 per child, up from the current $2,000 maximum.
This significant increase aims to provide substantial financial support… pic.twitter.com/jHABOLaljd
— Mario Nawfal (@MarioNawfal) August 14, 2024
“What President Trump and I want to do on family policy is make it easier for families to start in the first place. We want to bring down housing costs so that if you have a baby, there’s actually a place to raise that baby,” Vance said. “We want to increase and expand the child tax credit. We want to make it easier for moms and dads to not be shocked by these surprise medical bills when they go to an out-of-network provider. We’re working on all this stuff, and I think that’s ultimately how we turn down the temperature a little bit, is to make it easier to choose life in the first place. Because when you talk to women, you talk to moms and dads, a lot of times they feel like, if you have a pregnancy, especially an unexpected pregnancy, there just aren’t options. We want to provide more options so that people are raising families in a thriving and happy way in this country.”
The Republican senator then revealed that he wants the federal government to expand permanent child tax credit. The current child tax allows up to $2,000 per child.
Vance proposes $5K child tax credit, says it would go to “all families.” You need to at least require people be married to stop this from going in a pretty disastrous direction. Preferably an income minimum too. We don’t want to make the mistakes of the 1960s all over again. pic.twitter.com/YcVKPDwnuY
— Richard Hanania (@RichardHanania) August 11, 2024
“The child tax credit has languished thanks to the Biden administration because Harris has failed to show fundamental leadership,” Vance said. “… I’d love to see a child tax credit that’s $5,000 per child. But you, of course, have to work with Congress to see how possible and viable that is.”
Vance pointed out that Vice President Kamala Harris’s campaign has criticized him for advocating child tax credits despite the fact that Democrats in Congress have consistently supported an expanded child tax credit.
“When these comments — where I said parents should pay lower taxes via the child tax credit — came out, the Harris administration immediately jumped and said, ‘We disagree with this,’ … So do they want the elimination of the child tax credit? Or were they just being careless in responding to remarks that I made three years ago? I don’t know. They should clarify it, ” Vance said.