Child tax credit checks are coming this month, Biden says
Source: NBC News
WASHINGTON President Joe Biden highlighted that many parents will begin getting checks in the mail this month under the new child tax credit as he seized on a strong jobs report to argue his economic policies are working.
As part of the $1.9 trillion American Rescue Plan approved in March, the federal government will start sending out monthly checks to parents who qualify for the annual credit of $3,600 per child under 6 and $3,000 for those older. Biden said a middle-class family with two young children can expect a monthly check of $600 for the next 12 months.
The payments were part of a broader case Biden made Friday to argue that his economic policies are working. Republicans have criticized the direct stimulus elements of his plan, saying that the expanded unemployment benefits were keeping workers on the sidelines and that the influx of cash into the economy would lead to high inflation.
"None of this happened by accident, Biden said. We're proving to the naysayers and the doubters that they were wrong.
Read more: https://www.msn.com/en-us/news/politics/child-tax-credit-checks-are-coming-this-month-biden-says/ar-AALHJaN?li=BBnbfcQ&ocid=DELLDHP
Dawson Leery
(19,348 posts)They never did fulfill their promise (as cons always break their promises). A Democratic did it!
iluvtennis
(19,870 posts)lot to clothe, feed, school, and provide thriving environment for kids.
Bravo Biden
Sucha NastyWoman
(2,754 posts)So when the Republicans get rid of it as soon as they (hopefully never) have power again they wont have to return to senseless poverty.
iluvtennis
(19,870 posts)forthemiddle
(1,382 posts)For the next 12 months only, according to the article.
Part of Covid relief, not a new long term policy.
wryter2000
(46,081 posts)Instead of giving people a tax break that might fill a tank full of gas, they're going to get some money.
MichMan
(11,965 posts)Just getting 1/12th of it every month rather in one lump sum next Spring
Hekate
(90,787 posts)Because they surely could use the money.
twodogsbarking
(9,805 posts)You get one, you get one.