I’d bet that democrats in the know (those who are really calling the shots for the Harris/Biden administration) are just as amused as we are saddened
by the spectacle of FIGUREHEAD-JOE posturing as president as he stumbles around thinking he is running the country.
Democrats To Unveil $3,000 Child Benefit On Monday
With Treasury Secretary pushing for full-throttle stimulus, after which she says “full employment” can return in the US as soon as next year (and 2025 if not), House Democratic leaders are set to unveil legislation on Monday that would add at least $3,000 per child, advancing a key provision in the Biden administration’s $1.9 trillion COVID-19 relief package, according to the Washington Post
The bill, an enhanced Child Tax Credit, would represent an expansion of the existing $2,000 Child Tax Credit under current law.
The pandemic is driving families deeper and deeper into poverty, and it’s devastating. We are making the Child Tax Credit more generous, more accessible, and by paying it out monthly, this money is going to be the difference in a roof over someone’s head or food on their table,” said Richard Neal, Chairman of the Ways and Means Committee, who has spearheaded the creation of the enhanced Child Tax Credit bill, according to a committee spokesperson.
Under the new legislation, children under the age of six would receive $3,600 each, while ages six through 17 would earn $3,000 per child per year. Full benefits will be paid to single parents earning up to $75,000 per year, and couples earning up to $150,000, after which the monthly payments would phase out.
If passed by Congress, payments would begin in July for one year, and would become fully refundable for the year.
While Neal’s legislation would only provide payments for one year, congressional Democrats and White House officials say they would push for the policy to be made permanent later in the year.
https://www.zerohedge.com/political/democrats-unveil-3000-child-benefit-monday
There was a video that came out years ago, showing the thousands of dollars illegals get by claiming many children on their tax return. Some of the kids lived Mexico.