Healthcare continues to be in the news despite Congress turning their focus to taxes. The Trump administration last week decided to end a lesser-known healthcare subsidy called cost-sharing reductions or CSRs, an action that could upend the insurance market and cause Idahoans to lose coverage. Now CSRs have been revived by a bipartisan deal in the United States Senate that would fund them. With all the back and forth, what does it all mean? Our wonky words this week are: cost-sharing reductions.
Click here to learn more about cost-sharing reductions, October’s wonky words.
The Child Tax Credit Provides Tax Relief to All Families with Children
- The Child Tax Credit (CTC) is a tax incentive that provides tax relief for families with children. It is offered by the federal government
