October 20, 2021
General News

Biden Administration and Washington News: Live Updates

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President Biden said on Monday that millions of American families would begin receiving hundreds of dollars in monthly payments in July from a child tax credit created as part of the American Rescue Plan.CreditCredit…Doug Mills/The New York Times

The Biden administration will begin paying hundreds of dollars per month to millions of American families in July as it rolls out a refundable child tax credit that was created as part of the economic relief legislation Congress passed in March.

Democrats view the tax credit as central to their efforts to reduce poverty and income inequality in the United States. The program is expected to provide additional funds to 39 million households, and the Biden administration projects that it will lift five million children out of poverty this year.

Speaking at the White House on Monday, President Biden hailed the…

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