McConnell's months of obstruction are over: $1.9 trillion in COVID-19 relief is on the way
newsdepo.com
A marathon session of the Senate Friday and Saturday resulted in passage of the American Rescue Plan, the most significant anti-poverty legislation passed in the U.S. in decades. The bill passed on strict party lines, 50-49 (Republican Sen. Dan Sullivan was aMcConnell's months of obstruction are over: $1.9 trillion in COVID-19 relief is on the way
A marathon session of the Senate Friday and Saturday resulted in passage of the American Rescue Plan, the most significant anti-poverty legislation passed in the U.S. in decades. The bill passed on strict party lines, 50-49 (Republican Sen. Dan Sullivan was absent because of a family emergency). «This plan is historic,» President Joe Biden said in remarks after Senate passage. «Taken altogether, this plan is going to make it possible to cut child poverty in half. Let me say that again—it's significant, historic: It will cut child poverty in half.» The expansion of the child tax credit in the legislation, temporary for now, is a huge part of that accomplishment. It bumps the credit per child from $2,000 annually to $3,600 for children up to age 5, and $3,000 for children 6-17. It also will provide those credits in advance payments—parents won't have to wait until they've filed their taxes to get the funds. In order to get around the Senate parliamentarian, lawmakers changed the language from «monthly» payments to «periodic» payments starting in July through December of this year, probably sent monthly by the IRS, and then get the January-June payments when they file they 2021 taxes. So families have to hold on a few more months before those payments, but the survival checks can help. Read more