President Biden and Democrats in Congress are still deep in negotiations over the White House's mega-ambitious Build Back Better domestic agenda, paring back the price tag of that agenda's huge social spending bill by jettisoning features opposed by a couple of holdout Senate Democrats. One victim of the backdoor dealmaking? The popular child tax credit extension, which since July has meant a regular monthly stimulus check for parents of eligible children around the country.
President Biden had wanted to extend that extension, for another three years -- which would presumably have meant 36 more monthly child tax credit checks. However, largely as a result of opposition by West Virginia Democratic Sen. Joe Manchin, the White House has agreed to curtail an extension of the child tax credit from three years to only one more year (for now).
The post Biden wants stimulus checks to keep coming next year – here’s how much you’d get appeared first on BGR.
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Biden wants stimulus checks to keep coming next year – here’s how much you’d get originally appeared on BGR.com on Tue, 26 Oct 2021 at 13:24:55 EDT. Please see our terms for use of feeds.