October 5, 2022

AndronETalksNews

AndronETalksNews

Biden to send child tax credits to 39million families

Daily Mail.com

On Thursday the Internal Revenue Service will begin delivering monthly installments of President Joe Biden‘s enhanced child tax credit to some 39 million American families. 

The boost will see individuals who make under $75,000 and couples earning under $150,000 with children under six-years-old receive $3,600 per child, with monthly $300 checks starting to go out July 15. 

The tax credits were part of the $1.9 trillion American Rescue Plan, which was passed by Congress in March with no Republican support. Republicans have argued that the child tax credit boost amounts to an expansion of the welfare state.

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