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☆ Vance wants to raise the child tax credit to $5,000. Here's why that could be difficult
▼ + stars: | 2024-08-12 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Sen. JD Vance of Ohio, former President Donald Trump's GOP running mate, wants to more than double the child tax credit. "I'd love to see a child tax credit that's $5,000 per child. More from Personal Finance:Tim Walz vs. JD Vance: Here's what the candidates could mean for your walletHere's how Kamala Harris' running mate Tim Walz could help shape the child tax creditThe expanded child tax credit failed in the Senate. Here's what it means for familiesWithout action from Congress, the maximum child tax credit will drop from $2,000 to $1,000 once Trump's 2017 tax cuts expire after 2025. During the pandemic, lawmakers temporarily increased the maximum child tax credit from $2,000 to either $3,000 or $3,600, depending on the child's age.

Persons: Sen, JD Vance, Ohio, Donald Trump's, Garrett Watson, Tim Walz, Kamala Harris Organizations: Republican, NMC, Wollard, Donald Trump's GOP, CBS, Tax, Finance, Columbia University Locations: Eau Claire , Wisconsin

☆ Trump, Harris deploy running mates to wage class warfare over 'what Middle America is'
▼ + stars: | 2024-08-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

Tim Walz, the Democratic vice presidential candidate, speaks during a campaign rally with Democratic presidential candidate Vice President Kamala Harris, in Philadelphia, Aug. 6, 2024. Kevin Lamarque | ReutersWith their running mate selections, former President Donald Trump and Vice President Kamala Harris have opened up a new front in the battle for the White House: winning over the average Joe. The Democratic vice presidential candidate, Minnesota Gov. As news outlet NOTUS put it: "Kamala Harris Has a Scranton Problem." Joe Raedle | Getty ImagesA Harris campaign spokesman declined to comment on the Trump campaign's email.

Persons: Tim Walz, Kamala Harris, Kevin Lamarque, Donald Trump, Joe, Trump, Harris, haven't, Republican Sen, JD Vance, Ohio, Walz, Vance, JD, Sen, Adam Bettcher, " Walz, Walz's, Brendan Smialowski, It's, William Howell, Howell, Joe Biden, Minnesota Gorvernor Tim Walz, Tiffany, Kamala pisses, Joe Raedle Organizations: Minnesota Gov, Democratic, Reuters, White, San, Democratic Minnesota Gov, Republican, Yale, NMC, Wollard, Getty, Silicon, Afp, University of Chicago, Minnesota, U.S . Marine Corps, Yale Law School, Senate, Trump, Mar Locations: Minnesota, Philadelphia, San Francisco, Eau Claire , Wisconsin, America, Nebraska, Michigan, University's, Scranton , Pennsylvania, California, Scranton, Philadelphia , Pennsylvania, U.S, Ohio, Palm Beach , Florida

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