our terms are up. how much money are we actually talking about? most families will receive $300 for each child 5 and under and $250 each month for children 6 to 17. the payments apply to single parents earning as much as $112,000 a year and couples making up to $150,000. that will remain until the end of this year when the payments expire. families will then claim the second half of the benefit when they file next year s taxes. altogether it s a total of $3,600 for each kid 5 and under and $3,000 for kids between 6 and 17. i just threw a lot of numbers at you. but the big takeaway here is how it helps families who need help most. biden s expansion of the child tax credit, annie lowery writes, is a clinton-era policy that has provided families with up to
actually talking about? most families will receive $300 for each child 5 and under. $250 each month for children 6 to 17. the payments apply to single parents earning as much as $112,000 a year a couples making up to $150,000. families will claim the second half of the benefit when they file next year s taxes. altogether it s a total of $3,600 for each kid 5 and under and $3,000 with kids between 6 and 17. okay, i just stlu a lot of numbers at you, but the big takeaway is how it helps families the most. the tax credit that makes sense policy created during the clint administration. the atlantic writes the child tax credit is a clinton-era policy that of late has provided families with up to $2,000 a year per child. because of the way the credit was structured, the poorest families rarely got the full