Kamla’s $6K ‘Newborn” plan will cost $1.6 trillion

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Vice President Kamala Harris is starting to unveil her economic plans, including a proposal to provide a $6,000 tax credit for parents of newborns as well as bringing back the pandemic-era expanded Child Tax Credit.

The more generous tax credits could lift millions of children out of poverty and aid middle-class families with the cost of raising kids, but it could come with a hefty price tag, according to the nonpartisan Tax Foundation, which pegs the 10-year cost at $1.6 trillion.

Read more at CBSnews.com

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!