CNBC Pans JD Vance’s $5k Child Tax Credit; Neutral on Kamala’s $6k Credit

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CNBC Pans JD Vance’s $5k Child Tax Credit; Neutral on Kamala’s $6k Credit
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CNBC ran two articles covering competing proposals for an expansion of the federal child tax credit — but while it called Republican JD Vance’s $5,000 proposal “difficult,” it did not criticize Democrat Kamala Harris’s $6,000 plan.on Vance’s proposal, dated August 12, was titled “Vance wants to raise the child tax credit to $5,000. Here’s why that could be difficult.

Here is how the text of the articles compared. First, three representative paragraphs from the article about Vance’s $5,000 child tax credit: Sen. JD Vance of Ohio, former President Donald Trump’s GOP running mate, wants to more than double the child tax credit. But the increase could be difficult to enact, policy experts say.Vance’s idea would be a “relatively large expansion” compared with the current benefit, worth up to a maximum of $2,000 per child for 2024, according to Garrett Watson, senior policy analyst and modeling manager at the Tax Foundation.

,” now available on Audible. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship.

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