Table 1d: Overview of Tax Cuts Only (expansions of Child Tax Credit and EITC)

Significant Tax Cuts in Ways and Means Bill in 2022 in the United States

These estimates include:
Expansions of the Child Tax Credit explained here: https://itep.org/child-tax-credit-is-critical-component-of-biden-administrations-recovery-package/
Expansion of the Earned Income Tax Credit explained here: https://itep.org/nearly-20-million-will-benefit-if-congress-makes-the-eitc-enhancement-permanent/
Source: Institute on Taxation and Economic Policy tax model, September 2021 Get the data