HEADLINES & GLOBAL NEWS
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(Photo : Jeff Fusco/Getty Images)) Economic Stimulus Package Tax Rebate Checks Printed
PHILADELPHIA - MAY 8: Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania. One hundred and thirty million households are eligible to receive a tax rebate check under the $168 billion economic stimulus plan.
In a week, the new Child Tax Credit will go into effect. On July 15, the Internal Revenue Service (IRS) will pay up to $300 per month per child to millions of parents. The payments will continue until the end of 2021, and the overall amount might be higher than any prior stimulus payment.
Biden Stares Down Long Summer of Infrastructure Haggling
The president kept up his calls for major investments in child care, education and climate crisis response amid what Mitch McConnell referred to as a hell of a fight on infrastructure looming over Washington this summer.
President Joe Biden stumps for passage of his Build Back Better agenda at McHenry County College in Crystal Lake, Illinois, on Wednesday. (Image via Courthouse News)
(CN) Renewing his campaign promise to put more federal dollars into education, climate and child care, President Joe Biden emphasized in a speech Wednesday that he is not giving up on issues that failed to gain significant traction in infrastructure framework approved last month by Congress.
Biden Is Focused On Adding This New Feature To The Child Tax Credit forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
CHARLESTON â West Virginia closed out the 2020-21 budget year in the black on Wednesday, a year that featured the infusion of billions of dollars of federal pandemic stimulus funds and an unprecedented two income tax filing deadlines in the same fiscal year.
June overall tax collections of $497.58 million â $25.78 million above estimates â pushed total state revenue collections for the 2020-21 budget year to $4.989 billion, giving the state a year-end budget surplus of $415.34 million.
However, $119 million of that surplus is the result of reducing revenue estimates for the year, projecting that state tax collections would be that much lower compared to 2019-20 revenue projections.
Liz Peek: Biden is no Reagan – here s the real reason the economy is recovering foxnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxnews.com Daily Mail and Mail on Sunday newspapers.