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House Democrats seek to extend monthly child tax payments as part of sweeping new economic package

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With the kid tax credit score, Democrats have sought to increase the lifetime of a coverage that Biden and prime get together lawmakers have described as important to addressing poverty. If adopted, it could permit households to profit from a credit score of $3,000 for every youngster between ages 6 and 17, and $3,600 for every beneath age 6. Households may obtain these sums in month-to-month installments, quite than ready till they file their taxes yearly to say the advantages.

https://www.washingtonpost.com/us-policy/2021/09/11/child-tax-credit-climate-healthcare/?utm_source=rss&utm_medium=referral&utm_campaign=wp_politics | Home Democrats search to increase month-to-month youngster tax funds as a part of sweeping new financial bundle

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