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make format
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@PavelMakarchuk
PavelMakarchuk committed Jan 17, 2025
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Expand Up @@ -83,8 +83,8 @@ _Figure 2. Annual federal budgetary impact, 2025-2034_

The annual federal impacts are:

| Year | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 | Total |
| ------------------------------ | ---- | ------ | ------ | ------ | ------ | ------ | ----- | ------ | ------ | ------ | ------- |
| Year | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 | Total |
| ------------------------------ | ---- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ----- | ------ |
| Federal Budgetary Impact ($bn) | 0.0 | -20.4 | -27.2 | -34.9 | -43.0 | -52.3 | -62.3 | -73.0 | -84.0 | -97.3 | -494.4 |

## State Revenue Effects
Expand Down Expand Up @@ -120,14 +120,14 @@ Congressman Blake Moore’s Family First Act modifies multiple tax policies. The
| Program | Feature | Current Policy (2023–25) | Current Law (2026) | FFA |
| ------------------------------- | --------------------- | --------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------- |
| Child Tax Credit | Maximum Credit Amount | $2,000 per child | $1,000 per child | $4,200 per child under 6; $3,000 per child under 18 |
| Child Tax Credit | Phase-out Start | $200,000 ($400,000 joint) | $75,000 ($110,000 joint) | $200,000 ($400,000 joint) |
| Child Tax Credit | Phase-out Start | $200,000 ($400,000 joint) | $75,000 ($110,000 joint) | $200,000 ($400,000 joint) |
| Child Tax Credit | Phase-out Rate | 5% | 5% | 5% |
| Child Tax Credit | Phase-in Details | Up to $1,400 refundable, phases in at 15% of earnings above $2,500 | Up to $1,000 refundable, phases in at 15% of earnings above $3,000 | Phases in for earnings up to $20,000 at earnings/20,000 rate |
| Child Tax Credit | Child Cap | None | None | Maximum 6 children |
| Pregnant Mother's Credit | Maximum Credit Amount | None | None | $2,800 per newborn child |
| Pregnant Mother's Credit | Phase-in Requirements | None | None | Phases in for earnings up to $10,000 at earnings/10,000 rate |
| EITC | Phase-in Rate | 7.65% (0 children); 34% (1 child); 40% (2 children); 45% (3+ children) | 7.65% (0 children); 34% (1 child); 40% (2 children); 45% (3+ children) | 7.65% (0 children); 34% (with children) |
| EITC | Maximum Credit Amount | $649 (0 children); $4,328 (1 child); $7,152 (2 children); $8,046 (3+ children) | $662 (0 children); $4,413 (1 child); $7,292 (2 children); $8,204 (3+ children) | Single: $700 (0 children), $4,300 (with children); Married: $1,400 (0 children), $5,000 (with children) |
| EITC | Phase-in Rate | 7.65% (0 children); 34% (1 child); 40% (2 children); 45% (3+ children) | 7.65% (0 children); 34% (1 child); 40% (2 children); 45% (3+ children) | 7.65% (0 children); 34% (with children) |
| EITC | Maximum Credit Amount | $649 (0 children); $4,328 (1 child); $7,152 (2 children); $8,046 (3+ children) | $662 (0 children); $4,413 (1 child); $7,292 (2 children); $8,204 (3+ children) | Single: $700 (0 children), $4,300 (with children); Married: $1,400 (0 children), $5,000 (with children) |
| EITC | Phase-out Start | Single: $10,620 (0 children), $23,350 (1+ children); Married: $17,730 (0 children), $30,470 (1+ children) | Single: $10,830 (0 children), $23,810 (1+ children); Married: $18,080 (0 children), $31,060 (1+ children) | Single: $10,000 (0 children), $33,000 (with children); Married: $20,000 (0 children), $43,000 (with children) |
| EITC | Phase-out Rate | 7.65% (0 children); 15.98% (1 child); 21.06% (2+ children) | 7.65% (0 children); 15.98% (1 child); 21.06% (2+ children) | 10% (0 children); 25% (with children) |
| Child and Dependent Care Credit | Eligibility | Children under 13 and dependents/spouse physically/mentally incapable of self-care | Children under 13 and dependents/spouse physically/mentally incapable of self-care | Only dependents/spouse physically/mentally incapable of self-care who are 18+ |
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