If the Build Back Better bill actually manages to pass in January 2022, parents could be looking at a (very) late holiday gift in the form of double Child Tax Credits for February. That's the good.
A new bill proposed by Rep. John B. Larson (D-CT) would bring sweeping changes to Social Security benefits, including hiking the annual cost-of-living adjustment to better reflect costs incurred by.
Among cuts to President Joe Biden's "Build Back Better" reconciliation plan is the enhanced monthly child tax credit. Right now, it looks like the CTC will only be extended for another year, instead.
It was recently determined that COVID-19 emergency financial assistance from a federal, state or local government source will not affect your Social Security benefits. In addition, it was clarified.