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Can the upcoming monthly cash payments from the IRS slash child poverty in America?
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Can the upcoming monthly cash payments from the IRS slash child poverty in America?
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Pandemic Emptied Unemployment Trust, Left Fraud Unchecked -
By Morgan Lee Associated Press
New Mexico probably overpaid unemployment insurance benefits by an estimated $250 million during the coronavirus pandemic amid a backlog of investigations into potentially fraudulent claims, the budget and accountability office of the Legislature announced Wednesday in a research report.
Analysts briefed members of the Legislature s lead budget writing committee on the trajectory of record-setting unemployment claims during pandemic.
New Mexico has paid out more than $3 billion in unemployment claims through the state s Workforce Solutions Department since the local outset of the pandemic in March 2020. That put the state unemployment trust fund into insolvency and in debt to the federal government.
Can monthly tax credit payments cut child poverty by half?
Ashraf Khalil
The Associated Press
ALBUQUERQUE, N.M. The check won’t arrive until mid-July, but Katrina Peters already knows what she’ll do with her Child Tax Credit payments. The 20-year-old mother of three has applied to work as a driver with a food delivery app, and the extra cash is earmarked for repairing, registering and insuring her car.
“I just need to make sure it’s 100% and then I can start working and get an income,” Peters said, cradling her 3-week-old son, Armani. “That’s where it starts.”
Can monthly cash payments cut child poverty by nearly half?
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