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For example, CBO projects (row 1444) that the Payment where earned income credit exceeds liability for tax will be $62.7 billion in 2024. The ECPS yields $68.4 billion in total EITC in 2024 ($39.6B from CPS).
Row 1445 shows the analog for the CTC, projecting $29.2 billion in 2024. The ECPS shows $34.2 billion in total ACTC.
For each, we'll need to compute the excess over tax liability. Based on the spreadsheet order, I would guess that the CTC over tax liability is also net of the EITC; ChatGPT also believes this to be the case.
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