The Child Tax Credit is a huge help to the Jewish Community. A monthly payment of $250-$300 dollars per child will help the frum community much more than almost any other American group. If askanim were trying to invent a way for the government to disproportionately funnel money to the frum community without getting involved in our schools it would be hard to top the Child Tax Credit.
A look at census statistics shows that most American households have no kids at all. Those that do have kids almost all have only one or two. Families with 4 or more kids are rare. In the frum community however, we live in the land of the double stroller.
While this money directly helps parents, indirectly it will be a big help to schools (by helping parents to pay tuition) and to other frum businesses. It will also indirectly help all those employed by schools. How many times have I heard about teachers being paid late or even not getting their full pay at all because mosdos are financially distressed. If schools are collecting more tuition, then teachers will also benefit. Also if schools are in better financial state then there will be more money for other tzedakahs since there will be less pressure on donors in the community to support the schools.
I hope that this policy is extended. Please contact your Senators and Congressmen to encourage them to extend the Child Tax Credit.