Thomas Gallatin / January 18, 2022

Expanded Child Tax Credit Ends as Biden Pivots to Jobs and Schools

As Monthly payments to 36 million households end, now Biden wants schools open.

It’s hard to turn down “free” money, but there’s no such thing as free money, despite the Democrats’ efforts to convince Americans otherwise. They most recently tried this gambit via their failed attempt to get Joe Biden’s $3 trillion so-called Build Back Better socialist spending boondoggle passed, with Biden and Democrat lawmakers repeatedly and falsely claiming it would cost zero dollars.

Of course, Democrat Senator Joe Manchin steadfastly remained the proverbial stick in the mud to Joe Biden’s reckless spending agenda. Manchin’s simple question of how the bill would be paid for was enough to derail the whole spending train. Conservative estimates for enshrining the “emergency” COVID stimulus expansion of the child tax credit, which had ballooned to upwards of $3,600 annually per child for households earning $150,000 or less, would have amounted to an additional $1.6 trillion in government spending over the next decade.

The expanded child tax credit, which just ended, has been one reason many Americans have not returned to the job market. Even with 11 million job openings, the labor market remains four million jobs behind the employment numbers before the pandemic.

The government-supplemented “COVID” unemployment benefits, which ended last September, effectively enabled many people to remain unemployed. In many instances, they ended up making more money not working, a recipe for economic stagnation.

Another key factor keeping workers at home, especially in Democrat-run states, has been the lack of in-person learning at school. Children at home must be supervised, forcing at least one parent to stay home and in many cases out of work.

The Biden administration, now looking at the polls indicating the economy and spiking inflation are the primary concerns for the majority of Americans, is attempting to pivot from its failed “shut down the virus” agenda to jump-start the economy. The teachers unions aren’t helping matters, either, as schools continue to switch to remote learning amid the latest COVID variant, despite the fact it is proving far less lethal.

Biden is calculating his pivot will improve his abysmal approval ratings by improving the coming jobs reports. We will see.

Start a conversation using these share links:

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2022 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.