The vast majority of American families with children will automatically receive up to $300 per month per child under the 6 beginning July 15.

President Joe Biden's $1.9 trillion pandemic relief package expands the US child tax credit for one year.

The expanded monthly child tax credit introduced in President Biden's $1.9 trillion COVID relief package will begin arriving in parents' bank accounts on July 15, the White House said Monday.Why it matters: The credit, part of the administration's plan to tra…

A poverty-fighting measure included in the COVID-19 relief bill passed this year will deliver monthly payments to households including 88% of children in the United States, starting in July, Biden administration officials said on Monday.

A major expansion of the child tax credit program is expected to slash the number of children living in poverty.

A poverty-fighting measure included in the COVID-19 relief bill passed this year will deliver monthly payments to households including 88% of children in the United States, starting in July, Biden administration officials said on Monday.

The Republicans' Child Tax Credit began knocking people off the tax rolls, now the Democrats want to do even more.

The U.S. birth rate dropped 4% in 2020, continuing a downward trend that existed prior to the pandemic.

Biden gives his first address to a joint session of Congress Wednesday, when he's expected to address COVID-19 and unveil his American Families Plan.

Summary List PlacementThe Internal Revenue Service has been stretched to the limit. In addition to typical tax-season duties, the IRS has been tasked over the last year with distributing three rounds of stimulus checks and implementing a slew of last-minute t…

A month after he laid out a roughly $2 trillion infrastructure plan aimed at helping the nation recover from the coronavirus pandemic, President Joe Biden is set to unveil an additional $1.8 trillion federal investment in education, child care and paid family…

Speaking on the eve of his 100th day in office, the Democrat will propose $4tn (£2.9tn) in spending.

Here is how President Joe Biden will propose on Wednesday raising taxes on the wealthiest Americans to pay for pre-kindergarten and community college education and paid leave for healthcare, based on sources familiar with his plans and past comments he has ma…

The bill grants $6,000 in tax credits to single parents and $12,000 to married parents with children under the age of 13.

Summary List PlacementIs another stimulus check coming? More than a year into the coronavirus pandemic, this question has become routine.  Three stimulus checks have so far been distributed by the federal government, totaling a maximum of $3,200 per eligible …

President Joe Biden is expected to announce a sweeping "American Families" proposal next week to invest in government-funded childcare, universal pre-kindergarten education, and paid leave for workers - and make the wealthiest Americans pick up the tab.

Canadian Finance Minister Chrystia Freeland unveiled the country's first budget in two years on Monday with a big focus on spending to pull the economy out of the pandemic slump.

Under the American Rescue Plan passed by Congress this week, millions of families will receive a child tax credit in 2021. CBS MoneyWatch reporter Aimee Picchi joins CBSN AM to discuss who is eligible and what this could mean for filing taxes this year.

Direct deposits from the $1.9 trillion COVID-19 relief legislation signed into law by President Joe Biden on Thursday will come as early as this weekend, White House press secretary Jen Psaki said.

Summary List PlacementThe 2021 child tax credit is expected to look different from that of previous years.  Authorized by the same legislation that created the third round of stimulus checks — the American Rescue Plan — the 2021 child tax credit will give a t…

$1,400 checks, tax credits, and suspended evictions. CBS News Business Analyst Jill Schlesinger joins "CBS This Morning" to explains some of the key benefits in the latest stimulus package and what the expanded child tax credit means.

Summary List PlacementWelcome to Personal Finance Insider, a biweekly newsletter that connects you with the stories, strategies, and tips you need to be better with money. Here's what: You're about to get paid Tomorrow, President Biden is expected to sign th…

Under the American Rescue Plan passed by Congress this week, millions of families will receive a child tax credit in 2021. CBS MoneyWatch reporter Aimee Picchi joins "CBSN AM" to discuss who is eligible and what this could mean for filing taxes this year.

By some measures, Joe Biden has gotten off to a slow start as President. His transition was stalled by Donald Trump’s refusal to acknowledge defeat. His Cabinet nominees are taking longer than most to be confirmed by the Senate. And he’s signing his first maj…

Under the the American Rescue Plan, families can claim up to $3,600 per child under age 6 and $3,000 for children up to age 17 for one year.

RT @williesband: "Manchin doesn’t want Americans to get spoiled by unhinged socialist policies like affordable childcare, an expanded child…

What difference do monthly #childtaxcredit payments make? The 2021 measure enabled people to buy food, reduce debts, and end unwanted cohabitation: https://t.co/bYW0zYshlH @isaiah_thompson @michelmorek @UMich

Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/790ok0BzGd

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/790ok0BzGd

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/790ok0BzGd

RT @ciswh_at_bussw: CISWH’s @CatalystCenter shares how the enhanced Child Tax Credit improved the lives of children living with disabilitie…

RT @ciswh_at_bussw: CISWH’s @CatalystCenter shares how the enhanced Child Tax Credit improved the lives of children living with disabilitie…

RT @ciswh_at_bussw: CISWH’s @CatalystCenter shares how the enhanced Child Tax Credit improved the lives of children living with disabilitie…

RT @ciswh_at_bussw: CISWH’s @CatalystCenter shares how the enhanced Child Tax Credit improved the lives of children living with disabilitie…

CISWH’s @CatalystCenter shares how the enhanced Child Tax Credit improved the lives of children living with disabilities and their families. Learn more here: https://t.co/VD2JhbOtkR #socialwork #publichealth #socialdeterminantsofhealth

Parents are increasingly familiar with the Child Tax Credit after the 2021 expansion, and over half said that their tax refund had a significant impact on family finances. https://t.co/ZQHMnLdhl1 https://t.co/tRjf7ur74l

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

The temporary enhancement of the child tax credit in 2021 allowed parents to meet basic needs and shore up their finances, as well as invest in their children's education. https://t.co/h2Jv5HOWQm https://t.co/yk61EjLh8p

Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/790ok0BzGd

RT @CLASP_DC: No child should live in poverty. In its version of the #CTC, the Tax Cut & Jobs Act excluded ~1M children without Social Secu…

RT @TaxPolicyCenter: Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/…

RT @williesband: "Manchin doesn’t want Americans to get spoiled by unhinged socialist policies like affordable childcare, an expanded child…

Restoring the expanded child tax credit families received in 2021 could reduce child poverty by a third. https://t.co/790ok0BzGd

The Democrats are coalescing around a plan to bring the Child Tax Credit (CTC) and Earned Income Tax Credit to 2021 levels for 2024/5. They want monthly advanced CTC payments and a $1700 bonus the month a child is born. Overall, do you support this? #taxtwitter #ctc #eitc

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @CLASP_DC: No child should live in poverty. In its version of the #CTC, the Tax Cut & Jobs Act excluded ~1M children without Social Secu…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…

RT @SenatorHeinrich: The 2021 Child Tax Credit expansion cut child poverty to a historic low and helped families put food on the table, pay…