Before we turn the page on 2021, there are a few more stimulus checks still to come and going out to millions of Americans soon. However, there’s a different kind of stimulus check update that must also be shared. Because it’s not just IRS payments that are flowing to millions of Americans from the federal …
Exactly two weeks from today, the fifth of six child tax credit payments will be going out to families. The forthcoming checks comprise part of the advance payment of one-half of the tax credit, which families will get the rest of in 2022. The payments will also transfer billions of dollars this month from the …
In the years leading up to the coronavirus pandemic of 2020, the concept of a universal basic income was regarded as the kind of progressive political idea that would never make it into the mainstream. It’s certainly striking, though, how the pandemic seemed to all of a sudden make the unthinkable a familiar part of …
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 …
For a number of reasons, not to mention the fractured dynamic in Congress at the moment, the likelihood of funding being approved for a fourth stimulus check along the lines of the previous three is practically zero. There does, however, appear to be a chance that funding could come for at least one specific demographic …
The Biden administration and Congress are still mired in negotiations at the moment over the president’s domestic agenda — including infrastructure and social spending bills that have proven too tough for the Democratic-controlled Congress to pass so far. Which is to say, there’s no new stimulus check update for anyone hoping the federal government would …
Even though we’ve stressed on several occasions now, in multiple posts, that 2021 is very much the year of the stimulus payment, there’s also more to the story that must likewise be shared. Because it’s not just IRS stimulus checks that are flowing to millions of Americans from the federal government. States and localities are …
The next chapter in the ongoing story of 2021 as the year of the stimulus payment is already unfolding. But this one will be a little different than the narrative that the federal government has gotten people acclimated to for more than a year now. Going forward? Location is actually going to be a determinant …
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, …
We’ve noted on a few different occasions now that 2021 will go down, in part, as the year of the stimulus check, thanks to billions of dollars flowing from federal and state coffers to tens of millions of Americans. Those disbursements will continue right through the end of this year. In our latest stimulus check …
