[Levin]

15 Jan, 2022 15:38


A monthly benefit introduced by the US government in 2021 amid a sharp surge in the cost of living and the continued spread of Covid-19 saw its last payout in December, leaving millions of American families in a cleft stick.

This weekend marks the first time in six months that families across the US won’t get a monthly payment from the federal child tax credit program.

The legislation provided low- and middle-income parents with up to US$3,000 for every child aged six to 17, and US$3,600 for every child under age six.

......

Monthly child tax credits, worth up to $300 per child per month, expired after Congress failed to renew them with President Joe Biden’s social spending plan known as the Build Back Better Act. The legislation is stalled in the Senate.

......

some 36 million families, or about 60 million children, received the payments each month.

Some 10 million children are currently at risk of falling below the poverty line without the enhanced tax credit


https://www.rt.com/business/546158-us-ch...edits-end/

[CHAOS]

[debono]

15 Jan, 2022 15:38


A monthly benefit introduced by the US government in 2021 amid a sharp surge in the cost of living and the continued spread of Covid-19 saw its last payout in December, leaving millions of American families in a cleft stick.

This weekend marks the first time in six months that families across the US won’t get a monthly payment from the federal child tax credit program.

The legislation provided low- and middle-income parents with up to US$3,000 for every child aged six to 17, and US$3,600 for every child under age six.

......

Monthly child tax credits, worth up to $300 per child per month, expired after Congress failed to renew them with President Joe Biden’s social spending plan known as the Build Back Better Act. The legislation is stalled in the Senate.

......

some 36 million families, or about 60 million children, received the payments each month.

Some 10 million children are currently at risk of falling below the poverty line without the enhanced tax credit


https://www.rt.com/business/546158-us-ch...edits-end/