Today news
About the same in other media
Democrats Race to Prevent Child Tax Credit Payments From Lapsing
Reading now: 134
WASHINGTON—Democrats are racing to keep monthly child tax credit deposits flowing to households, using the payments’ potential lapse to build momentum for finishing their roughly $2 trillion education, healthcare and climate bill before December ends.
Unless Congress acts, the monthly payments from the Internal Revenue Service will stop after next week’s deposits, ending a program that has propped up millions of households’ finances since it started in July. Beyond that, many lawmakers have put the credit at the center of their campaigns for next year’s midterm elections and are eager to promote it as soon as they can.
Read more on wsj.comAbout this in other media
Barclays set to join bank bonus race with 25% payout fnlondon.com /3 years ago
Biden Agenda Slows in Senate as Final Child Tax Credit Payments Land in Bank Accounts wsj.com /3 years ago
Democrats Prepare to Raise Debt Ceiling wsj.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
