Bill Tallman

The expansion of the federal child tax credit in 2021 made a dent in how many U.S. children are living in poverty, but it ended after just one year. New Mexico, a state with the second highest child poverty rate in the country, quickly passed its own version of the tax relief for people with children last year. While parents won’t see the benefits of the state credit until they file taxes next year, lawmakers are already debating whether to increase it.