Senate Bill 1393, called the “American Family Act,” seeks to modify the Internal Revenue Code by establishing a refundable child tax credit with monthly advance payments. The bill proposes that families receive a monthly payment based on the age and number of children they have, with higher...
Simple Explanation
The "American Family Act" is like giving families with kids a special monthly allowance to help buy things they need. Families with younger kids get a little more money, and this helps make sure they have enough, especially when the kids are very small.