Congressional Democrats are proposing an addition to President Joe Biden’s $1.9 trillion pandemic relief package that would send up to $3,600 per child to American families this year. The proposal, introduced by Rep. Richard Neal (D-Mass.), would expand the child tax credit to up to $3,600 for every child under six years old, and $3,000 for every child aged six to 17. The IRS would distribute the money in monthly paychecks over the course of a year, starting this July, if the proposal is passed as part of Biden’s pandemic relief measure. The value of the paycheck would be adjusted based on income, providing less for individuals who earn more than $75,000 each year or couples earning over $150,000. Neal, who chairs the House Ways and Means Committee, said in a statement on Monday: “The pandemic is driving families deeper and deeper into poverty, and it’s devastating. This money is going …
Democrats Propose $3,600 per Child Tax Credits in Biden Relief Package
February 9, 2021
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