JGalt
Diamond Member
- Mar 9, 2011
- 73,460
- 90,087
- 3,635
Brilliant plan! Saving our children from poverty by putting them in debt the rest of their lives. Hyperinflation, here we come...
"As part of President Joe Biden's $1.9 trillion COVID relief package — the same new law that has been giving most Americans $1,400 stimulus checks — working families can expect to receive up to $3,600 per child for 2021.
And, half that will come as cash, in monthly payments due to come later this year. It will be another kind of stimulus check, one to help millions of parents deal with basic bills or pay down debt.
The money is part of a temporary expansion of the child tax credit that's expected to help cut the number of U.S. children living in poverty by more than half, according to the Urban Institute..."
The monthly stimulus checks for families will start in July, IRS now says
"As part of President Joe Biden's $1.9 trillion COVID relief package — the same new law that has been giving most Americans $1,400 stimulus checks — working families can expect to receive up to $3,600 per child for 2021.
And, half that will come as cash, in monthly payments due to come later this year. It will be another kind of stimulus check, one to help millions of parents deal with basic bills or pay down debt.
The money is part of a temporary expansion of the child tax credit that's expected to help cut the number of U.S. children living in poverty by more than half, according to the Urban Institute..."
The monthly stimulus checks for families will start in July, IRS now says