WASHINGTON (AP) — The Treasury Department said Monday that 39 million families are set to receive monthly child payments beginning on July 15.
The payments are part of President Joe Biden’s $1.9 trillion coronavirus relief package, which expanded the child tax credit for one year and made it possible to pre-pay the benefits on a monthly basis. Nearly 88% of children are set to receive the benefits without their parents needing to take any additional action.
Qualified families will receive a payment of up to $300 per month for each child under 6 and up to $250 per month for children between the ages of 6 and 17. The child tax credit was previously capped at $2,000 and only paid out to families with income tax obligations after they filed with the IRS.
But for this year, couples earning $150,000 or less can receive the full payments on the 15th of each month, in most cases by direct deposit. The benefits total $3,600 annually for children under 6 and $3,000 for those who are older. The IRS will determine eligibility based on the 2019 and 2020 tax years, but people will also be able to update their status through an online portal. The administration is also setting up another online portal for non-filers who might be eligible for the child tax credit. When looking to save some of that money for your child education and future, visit https://thechildrensisa.com/.
The president has proposed an extension of the increased child tax credit through 2025 as part of his $1.8 trillion families plan. Outside analysts estimate that the payments could essentially halve child poverty. The expanded credits could cost roughly $100 billion a year.
© 2021 The Canadian Press. All rights reserved.
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Oh, universal income, isn’t it sweet. Oh, Joe, you are the “savior” of our Country, the Country of Venezuela!
It is vote bribery plain and simple, every bit a corrupt as if they walked up to the voting lines and started paying out cash to vote Democrat. Now with absentee voting, they don’t even have to show up in the voting lines to get their vote and the next election stolen. It the computerized version of the 1917 Soviet Union revolution where no shots need to be fired to take over a government of corrupt fools. Productive Americans will next be lined up to be loaded into cattle cars for transportation to inner city Stalags for political indoctrination, after the government approraiation of their wealth and personal property swifter than Hitler defunded and gelded the strenght of the Jews. Joe and Hunter are already trying to locate who has the best artwork to collect, and were exited to discover that although most White Americans do not use gold to replace their teeth, African Americans literally have goldmines inside their mouths for harvesting which does not melt in the creamatoriums. As for the children, ask Goebbel’s kids how National Socialism worked out for them when the Russians came knocking at the door.
SINCE Dems have been allowing pay for vote via Ballot harvesting, THEY ALREADY ARE Doing that, essentially!
How is this NOT discriminatory against all those CHILDLESS couples/single folk!?
I mean, since SINGLE and childless couples, PAY FOR schooling For all those kids, why shouldn’t THEY ALSO get to enjoy a benefit such as these tax credits?
What better way for the Marxist Communist DemocRATS to achieve their control of Americans than through bribery with taxpayer money we don’t have!!!
Once people get used to the money then they will say if you want to keep getting the money you need to vaccinate your kids.
I can certainly see that happening.. AND SINCE THE courts seem to be silent, on COMPANIES mandating that for their work force, IF someone challenges it, i (Fearfully) can see the cowards in the courts, SIDING with the tyrants.
It’s just another tool in the Left’s massive arsenal to push socialism upon us. The national debt is already beyond staggering, and he’s heaping upon it faster than a drunken sailor.
Senile old Joe is in a race to surpass the massive debt that the half breed added to our debt. Remember, Obama added more to our national debt than all the presidents before him, combined. Now Joe wants to do him one better. Is this government screwed up or what?
So, whatever votes you don’t steal, you buy.
It’s the Democrat way.
Yup. Slave folk from cradle to the grave, by linking them to govt handouts..
Buying votes . Why would people with 5 kids or more work. That’s a lot of money they will get. Welcome back welfare queens
This sounds heartless, but oh well. TO ME ONCE A woman get’s on welfare with 3 kids already, SNIP HER.. And the guys on welfare (once DNA is confirmed they are the baby dads) SNIP THEM TOO.
It would probably be wise for parents to sock that money away someplace so when the government decides you need to give it back or you need to cowtow to them or be forced to pay it back it will be available. Nothing is free…this isn’t ‘free money’…parents and the kids are paying dearly for this money.
Any money you have “socked away” will be worth less than the paper it is printed on by the time inflation is finished with it.
GO to gold, silver and other exchangable currency.
Bet anything you want that this information was provided to south of the border countries – send us all your underage children so our taxpayers can be forced to pay for their welfare and help us gain more votes by year 2024.
You can take it to the bank, this was sent south.. VIA CNN and MSNBC.
This is the communist plan in action: Tell people that it is impossible for them to be any type of success on their own BUT government will “help” you (and remove any personal incentive to work or otherwise try). The result is weak, stupid, immature cry-baby thumb-suckers who are totally dependent on those “free money” offers that always always lead to loss of ALL freedom and slavery to the government.
People…do not take the bait. There is ALWAYS a hook that totally erases even the memory of the “free meal” while you are being reeled in then filleted for the frying pan.
Telling all those “single moms” with 5-6 kids, sired by several different sperm donors, “do not take the bait”; is a waste of your time and breath. They will never have the knowledge to understand the “hook” embedded in the “free meal”.
Which is why once they get a certain # of kids, i say SNIP BOTH the baby mammas and dads.. SO THEY CAN’T keep acting like baby making factories..
Great way to encourage more illegitimacy, too.
It could indeed halve child poverty. If they included such handouts in their calculations. The only reason that “child poverty” is as pervasive as it is, is that the government does not include government handouts in the money available to raise children. No wonder our system is so messed up.