Millions of kids could lose the Child Tax Credit under GOP budget bill
Republican tax bill requires both parents to have a Social Security number to qualify for the Child Tax Credit, a policy shift that would make millions of kids ineligible.
Watch CBS News
Republican tax bill requires both parents to have a Social Security number to qualify for the Child Tax Credit, a policy shift that would make millions of kids ineligible.
Government figures show it now costs more than $300,000 to raise a child from birth to age 18.
A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition.
One analysis said bipartisan deal in Congress would boost the tax credit for 16 million children, lifting some out of poverty.
The fifth round of advance Child Tax Credit payments went out Monday morning, and parents are already seeing the extra money in their bank accounts.
The next advance Child Tax Credit payment goes out next Monday, with direct deposits arriving almost immediately and mailed checks taking a little longer.
The third round of advance Child Tax Credit payments went out Friday morning, and parents are already seeing the extra money in their bank accounts.
The next advance Child Tax Credit payment goes out Friday, with direct deposits arriving almost immediately and mailed checks taking a little longer.
The next Child Tax Credit payment is due October 15, but some parents may prefer a lump-sum payment at tax time.
The next advance Child Tax Credit payment will be sent out this week, with direct deposits arriving almost immediately and mailed checks taking a little longer.
This is how the updated Child Tax Credit works, along with a few reasons why payments could be delayed, inaccurate, or come in a different form.
The IRS sent out the second round of Child Tax Credit payments Friday morning, and deposits are already showing up in parents' bank accounts.
The advance Child Tax Credit pays parents up to $300 per month per child to help with the cost of raising them.
The next advance Child Tax Credit payment will be sent out this week, and should arrive a couple days earlier than it did last month.
The next round of Child Tax Credit payments are due August 13, but some parents may prefer a lump-sum payment at tax time.
Advance payments for the updated Child Tax Credit will start to arrive again on August 13. These IRS tools will help you manage your money.
While the next Child Tax Credit payment is due August 13, the deadline to opt out of advance payments is August 2. Here's how to do it.
The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
The IRS sent out the first round of advance Child Tax Credit payments on July 15, and the money is already reaching parents.
Sen. Michael Bennet wants to ensure every parent in Colorado knows about the new child tax credit.
The IRS will soon begin sending advance Child Tax Credit payments, but the arrival date may depend on how your last stimulus check or tax refund arrived.
With the revised Child Tax Credit due to start shortly, these IRS tools help parents to check eligibility and ensure they receive what they're owed.
With the updated Child Tax Credit starting soon, here's how to know if a monthly check will be arriving.
With Child Tax Credit due to start soon, many parents are wondering if they should opt out of monthly checks in favor of a lump-sum payment.
While many Coloradans enjoyed fun in the snow and soaked in the much-needed moisture, others were dealing with power outages.
Despite the inconveniences, Friday's snowstorm brought relief and joy to many residents in Colorado's foothills.
Four people were taken to the hospital after a crash in Colorado's high country on Friday evening.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
WorldDenver held its International Women's Day celebration on Friday. The event celebrates women's successes around the world, and the Denver event is one of the largest in the United States.
While many Coloradans enjoyed fun in the snow and soaked in the much-needed moisture, others were dealing with power outages.
Despite the inconveniences, Friday's snowstorm brought relief and joy to many residents in Colorado's foothills.
Four people were taken to the hospital after a crash in Colorado's high country on Friday evening.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
WorldDenver held its International Women's Day celebration on Friday. The event celebrates women's successes around the world, and the Denver event is one of the largest in the United States.
State regulators say a fuel contamination incident across the Denver metro area affected about 49 gas stations and just over 1,000 drivers. The fuel provider has instituted changes in their processes to prevent a similar incident from happening in the future.
CBS Colorado teamed up with the Denver Museum of Nature and Science to teach girls about careers in science, technology, engineering and math.
We spoke to a business that is taking a chance on 16th Street in Denver, as the downtown corridor makes an effort to reinvent itself after years of construction.
Two years since residents pushed back on the opening of two mental health facilities in the Colorado City of Northglenn, anxiety and fear remain at the forefront.
Brothers Antonio Vasquez and Jason Trujillo, Jr., who were convicted in a drive-by shooting outside of the Denver Aquarium, have been sentenced to 40 years and 20 years respectively.
A Denver-based UFC fighter will be representing Colorado in the octagon this Saturday night in Las Vegas.
The Colorado Avalanche are reportedly finalizing a deal to bring back 2021-22 Stanley Cup champion Nazem Kadri!
The Colorado Avalanche have acquired forward Nicolas Roy in a trade with the Toronto Maple Leafs.
The Colorado Avalanche have acquired defenseman Nick Blankenburg in a trade with the Nashville Predators, the hockey team announced.
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
Kremlin press secretary Dmitry Peskov told reporters Russia's government is in "dialogue" with Iranian leadership representatives.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Kremlin press secretary Dmitry Peskov told reporters Russia's government is in "dialogue" with Iranian leadership representatives.
The Justice Dept. has released Jeffrey Epstein files involving uncorroborated accusations by a woman against President Trump that the department said had been mistakenly withheld.
In the week before an Iranian retaliatory strike that killed six U.S. service members, Iranian intelligence was likely able to identify and track American forces, according to a memo reviewed by CBS News.
The timing of Trump's Truth Social post announcing Kristi Noem's removal as DHS secretary took DHS officials and the secretary herself by surprise.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
Health officials in Colorado have identified four additional cases of measles in connection with the recent outbreak at Broomfield High School or Broomfield Heights Middle School and have expanded the list of locations for possible exposure.
A Colorado man is living a life of gratitude after strangers, without hesitation, stepped in and saved his life when he collapsed on a trail in Arapahoe County due to cardiac arrest.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
State and local health officials declared a measles outbreak in Adams County on Wednesday after a third person connected to Broomfield High School contracted the illness.
After two unvaccinated students at Broomfield High School were reported to have measles, the Boulder Valley School District says out of 1,669 students, 26 are on their exclusion list and not allowed to attend class.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Frank Bonanno brings Denver Restaurant Week back to his first Colorado concept to celebrate its 25th anniversary.
There's harsh criticism of a Colorado police officer charged with failing to report a crash -- a crash investigators say he was partially responsible for while off-duty. Some of the strongest criticism is coming from an unexpected place.
A CBS Colorado investigation has learned the City of Denver has spent $110,000 on a 14-month investigation of Denver Police Division Chief Magen Dodge, but is refusing to release the completed investigation, which was finalized three months ago.
A Colorado family is calling for change and sharing their struggle after a clinical trial their son relied on suddenly ended.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
A popular youth hockey coach in southern Colorado has been arrested for investigation of felony child abuse after colliding on the ice with one of his players in a case that one of the coach's supporters called a "terrifying precedent for youth sports across the country."