Washington covid-19 president Washington

Biden eyes child tax credit expansion among stimulus measures: Report

Reading now: 145
www.fox29.com

outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.Included among those plans is a "major expansion" of the Child Tax Credit, according to The Washington Post, which cited three people with knowledge of the matter.Biden previously proposed raising the credit to $3,600 for some families, and the expansion could take a similar form, according to the publication.The sources said Biden may provide $300 per month to households for every child under 6, and $250 per month for children between the ages of 6 and 17, which would level out to $3,600 per year for families with one young child and $3,000 per year for families with older children.RELATED: Biden unveils economic team at critical moment for.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA