The Act also increases the child tax credit over 10 years beginning with an increase to $600 in 2001.  The credit is doubled to $1,000 by 2010.  The credit continues to be phased out for adjusted gross income levels for the child tax credit ($110,000 married filing jointly, $65,000 single) are left unchanged.
	The credit is also now refundable for 10% of the taxpayer’s earned income in excess of $10,000 for 2001-2004, increasing to 15% thereafter.