The third round of coronavirus pandemic expanded child tax credit payments are set to be sent out this week as Democrats announced a plan to continue them through 2025.
The expanded child tax credit gives parents an extra $250 to $300 each month for each child ages 6 to 17. The payments, part of the American Rescue Plan signed by President Joe Biden in March, were touted to help families with mounting childcare costs along with other related issues during the pandemic. Parents with higher incomes receive less based on a sliding scale.
The payments are scheduled to go out on the 15th for each month and will continue until the end of the year for eligible families. Most will receive their payments through direct deposit but a few will receive paper checks in the mail from the Internal Revenue Service.
Some families, though, have opted out of receiving the payments early and can claim the credits when they file their taxes.
House Democrats presented new legislation that would extend the expanded credits not only until 2025 but make the credit fully refundable. The move would allow families with little or zero income to qualify for the payments.
“We seek to help families better afford essentials with the continuation of the expanded Child Tax Credit and investments that will lower the cost of prescriptions and health insurance premiums,” House Ways and Means Chair Richard Neal, D-Mass., said in a statement Friday.
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The Socialist Democrat Party know that they are in deep trouble and
this is just another way for the Socialist Democrat Party to buy votes.
How many fools will sell their soul and freedoms for $250-$300?
This Socialist Democrat Party has become our country’s most destructive and deadliest ENEMY!!
AND why is it, WITH ALL THE OTHER ‘child tax’ benefits folks get, DO THEY NEED YET MORE beneies?? WHere are the ones for us SINGLE< or married but no kids folk?
Well, since non-citizens are always at front of line for US taxpayer handouts, maybe govt can now locate the thousands of illegal alien “children” the govt handed over to illegal alien adults & who the govt is just shocked to find out that they won’t answer their calls or mail & their whereabouts are unknown.
Just spit-balling but pretty sure govt will send out the checks for them.but will not cross check with IRS to track them down due to IRS privacy rules, something that millions US citizens, namely Repubs & Trump supporters, no longer are entitled to.
Our Dem Party run America.
We have seen NUMEROUS REPORTS about how the IRS Has already SENT OUT BILLIONS OF Our tax dollars, to illegal invaders, and their ilk, EVEN THOSE IN OTHER NATIONS, because of ‘fraud’ YET THEY NEVER EVER SEEM TO give a flying hoopla about it..
Or how to suck the life out of the hard working successful people and how to have the population suck on the breast of government. Dependency on Government is addiction to government. Let’s not work anymore, the Government will provide for us sissies / parasites on society.
This is why we need to END THE ENTIRE bloody welfare system.. PERIOD. Get rid of wic. Welfare, EBT, Section 8, section 11.. EVERY THING!