Rep. Cleaver Announces $293 Million Sent to Missouri Families in July Thanks to Expanded Child Tax Credit

Press Release

(Kansas City, MO) -- Today, U.S. Representative Emanuel Cleaver, II (D-MO) announced a new study from the Joint Economic Committee (JEC) showing the expanded Child Tax Credit delivered more than $293 million to Missouri families in July. The historic tax cut for working families--included in the American Rescue Plan supported by Congressman Cleaver--benefited more than 1.1 million children in the Show-Me state with families receiving an average payment of $444.

"At a time when tens of thousands of Missouri families are still struggling to pay rent and keep food on the table, the expanded Child Tax Credit has put more money into their bank account to afford the essentials," said Congressman Cleaver. "Not only does this give our children a greater opportunity to succeed, but it helps to stimulate local economies and sustain small businesses throughout our state. I was proud to support this historic tax cut for working class families, and I will do everything possible to ensure it becomes permanent."

According to the JEC's study, the expanded Child Tax Credit generated $18.6 billion in economic activity in local economies nationwide, including more than $366 million in Missouri, which contributed to job growth and supported small businesses. The next round of payments to Missouri families will begin to be distributed tomorrow, with monthly payments continuing through 2021.

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