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39 million U S families to get child payments

Updated: Share Article AAA Yeni Gonzalez Garcia, a Guatemalan mother who had been separated from her children, exits the Cayuga Center after being reunited with them in New York City.   | Photo Credit: REUTERS The U.S. Treasury Department said on Monday that 39 million families are set to receive monthly child payments beginning on July 15. The payments are part of President Joe Biden’s $1.9 trillion coronavirus relief package. Nearly 88% of children in the country are covered under the programme without their parents needing to take any additional action. Qualified families will receive a payment of up to $300 per month for each child under 6 and up to $250 per month for children between the ages of 6 and 17. The child tax credit was previously capped at $2,000 and only paid out to families with income tax obligations after they filed with the IRS.

Joe Biden taps Gene Sperling to oversee COVID-19 relief package

Explained: Joe Biden s Sweeping $1 9tn Stimulus For Pandemic-battered Economy That Costs Nearly 1/10 Of US GDP

by Swarajya Staff - Mar 7, 2021 12:57 PM 46th United States president Joe Biden (Source: Twitter) Snapshot The US Senate approves President Joe Biden s sweeping $1.9 trillion coronavirus relief package after a marathon debate. Under the stimulus bill that is estimated to cost nearly one-tenth of US GDP, $300 in weekly unemployment benefits will be provided till Sept 2021 and a new round of mean-tested direct payments of $1,400 will be made to several Americans The US Senate on Saturday (Mar 6) passed President Joe Biden s sweeping 1.9 trillion coronavirus relief package after a marathon debate that commenced on Friday (Mar 5) and concluded on Saturday morning. The Senate voted 50-49 along partisan political lines to pass the stimulus bill via budget reconciliation rules, which allow a simple majority to approve legislation in place of a filibuster-proof 60-vote threshold.

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