Senior Democrats drafting plan to give parents at least $3,000 per child in Biden stimulus

Discussion in 'Higher Learning' started by Robbie3000, Jan 22, 2021.

  1. Robbie3000

    Robbie3000 Veteran Supporter

    Joined:
    May 20, 2012
    Messages:
    19,894
    Daps Received:
    83,422
    Reppin:
    NULL
    Reputation:
    3,620
    Coli Cash:
    $345000.00

    Senior Democratic lawmakers are moving to fulfill President Biden’s desire to expand the child tax credit by drafting legislation that would direct the IRS to send recurring monthly payments to tens of millions of American families, according to officials who spoke on the condition of anonymity to share knowledge of the internal discussion.


    Under one draft of the plan being discussed, the IRS would be tasked with depositing checks worth $300 every month per child younger than 6, as well as $250 every month per child age 6 to 17. That would amount to $3,600 over the course of the year for young children, as well as $3,000 a year for older children, the officials said.

    Unlike with the stimulus checks, the Biden administration and Democratic lawmakers are hoping to make these child benefits a permanent government program that would continue in future years, according to three senior Democratic officials who spoke



    I don’t know how likely it is, but :whew:
     
    BigMoneyGrip dapped this.
  2. 88m3

    88m3 Fast Money & Foreign Objects

    Joined:
    May 21, 2012
    Messages:
    72,413
    Daps Received:
    121,968
    Reppin:
    Brooklyn
    Reputation:
    3,220
    Coli Cash:
    $3328766.00

    Sounds nice
     
  3. DEAD7

    DEAD7 Veteran Hall of Fame Supporter

    Joined:
    Oct 5, 2012
    Messages:
    45,023
    Daps Received:
    78,078
    Reppin:
    Fresno, CA.
    Reputation:
    3,700
    Coli Cash:
    $209697.90

    $300 a month:patrice: Why not $500?
    Is that just the number they felt they could push through?
     
  4. MyAccount

    MyAccount Superstar Supporter

    Joined:
    Sep 27, 2013
    Messages:
    8,064
    Daps Received:
    36,256
    Reputation:
    390
    Coli Cash:
    $315500.00

    That's their middle way
     
  5. FAH1223

    FAH1223 Go Wizards, Go Terps, Go Packers! Staff Member Hall of Fame

    Joined:
    May 16, 2012
    Messages:
    48,878
    Daps Received:
    141,160
    Reppin:
    WASHINGTON, DC
    Reputation:
    5,510
    Coli Cash:
    $584028.00

    Similar to Rashida’s LIFT PLUS bill
     
  6. Drip Bayless

    Drip Bayless Superstar

    Joined:
    Jun 1, 2014
    Messages:
    11,182
    Daps Received:
    47,378
    Reputation:
    2,330
    Coli Cash:
    $250500.00

    Cap
     
  7. SunZoo

    SunZoo The Legendary Super Sapien. Supporter

    Joined:
    May 2, 2012
    Messages:
    28,791
    Daps Received:
    104,912
    Reppin:
    T.L.C.
    Reputation:
    9,270
    Coli Cash:
    $345000.00

    I gotta have more kids.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice