Joe Manchin, the multimillionaire Democratic Senator from West Virginia who for months has been chipping away at President Biden's domestic agenda, is now taking aim at the child tax credit. These monthly stimulus check-type payments are currently received upon by millions of Americans. They're also often relied upon to help households make ends meet.
Specifically, Sen. Manchin thinks the child tax credit checks are far too generous as well as reaching too many people. They're stimulus checks, by the way, about which the IRS shared this update on Friday: the just-issued batch of payments Friday totaled around $15 billion. And they're going out, largely as direct deposits, to some 36 million US families. Sen. Manchin, meanwhile, has told the White House that he wants two new requirements put in place going forward. One is a work requirement in order to get the checks. And the second is a family income cap of $60,000.
The post Your monthly stimulus checks might disappear thanks to this Democratic Senator appeared first on BGR.
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Your monthly stimulus checks might disappear thanks to this Democratic Senator originally appeared on BGR.com on Mon, 18 Oct 2021 at 13:07:10 EDT. Please see our terms for use of feeds.