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“It’s like Social Security for children.” Rep. Judy Chu says new Child Tax Credit will cut child poverty in half

05:15

The Child Tax Credit is now in effect. Congresswoman Judy Chu of California joins Ali Velshi to talk about the impact it’s set to have -- reducing child poverty in the U.S. by half -- and mythbusts some GOP claims about it being a disincentive to work. “I’d like to know what happened to the Republicans,” says Chu. Back in 1997, “they were the ones who initiated the child tax credit.”