Stimulus update: Bill would reinstate $300 monthly child payments, pay $2,000 ‘baby bonus’

  • 📰 aldotcom
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Loans Loans Headlines News

Newly introduced legislation would reinstate a monthly child tax credit along with a $2,000 “baby bonus” for new parents.

Democratic Congressmembers Rosa DeLaura, Connecticut, Suzan DelBene, Washington and Ritchie Torres, New York, reintroduced the, legislation that would make the child tax credit, expanded during the COVID pandemic, permanent and expand who is eligible.

Two-hundred-and-four members of Congress, including Alabama Rep. Terri Sewell, D-Birmingham, are co-sponsors of the legislation. This means for a child born in January, the family could receive up to $5,300 a year, before dropping to $3,600 the following year, based on income.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 82. in LOANS

Loans Loans Latest News, Loans Loans Headlines