The insanely massive $1.75 trillion social spending bill, known as the Build Back Better Act, is currently working its way through the House of Representatives and includes a section that would see to the removal of the Social Security number requirement for the Child Tax Credit.
This specific section, which is located in the bill on page 1,647 of the total 2,135, would change the federal tax code itself by forcing the removal of the provision which would require that a child have possession of a valid Social Security number in order to be eligible to receive any and all tax credit.
“No credit shall be allowed under this section to a taxpayer with respect to any qualifying child unless the taxpayer includes the social security number of such child on the return of tax for the taxable year,” reads the law as it currently stands. the removal of this requirement would allow the eligibility for the credit to the parents of any children who do not have social security numbers, which could possibly include the children of illegal aliens.
This new provision could see a cost of around $2.3 billion slammed onto American taxpayers in the form of multiple payouts to the parents of children who came into the country illegally, and another $.2 billion still to the illegal alien parents who had their children inside the U.S., as reported by Steven Camarota who is a researcher for the Center for Immigration Studies.
“Illegal immigrants are able to receive benefits on behalf of their U.S.-born children,” stated Camarota in an interview with Fox News. “But the permanent elimination of the SSN requirement means that even illegal immigrants whose children are also illegally in the country can receive cash payments, including the roughly 600,000 unaccompanied minors and persons in family units stopped at the border in FY2021 and released.”
Along with the requirement for a social security number, the new bill also seeks to remove the work requirements for the upcoming year, which would only allow the payments to illegal immigrants to flow through much easier, claimed Camarota. “In the past, some illegal immigrants who worked off the books sometimes had trouble demonstrating employment income, but now that won’t be a problem,” he stated.
Recently, Old Uncle Joe’s administration pushed up the standard minimum payouts from the child tax credit. As part of the American Rescue Plan, the credit increased from $2,000 to $3,600 for any child under 6 and $3,000 for any child between the ages of 6-17. Any family is eligible to get the full payout if they earn up to $150,000 manually per couple, or $112,500 per household for a single parent, reported Fox News. Additionally, the new provision would extend any such payments out through 2022.
Despite all of this, a recent series of financial reports by two separate groups indicate that the child tax credit ends arbitrarily and that extending those credits or going even further and making them permanent would increase the cost of the legislation to an insane degree.