S. 3657 aims to amend the Internal Revenue Code to improve the Child and Dependent Care Tax Credit. It proposes to increase the credit amount and make it refundable for certain taxpayers, meaning eligible families could receive money back even if they owe no taxes. The bill...
Simple Explanation
Here’s a simple story: The big people who make rules about money want to change the way families get help paying for someone to take care of kids while they work. They plan to give more money back to families, even if they don’t owe any money, so they can have enough for their kids' care.