Biden has so far avoided questions about a fourth stimulus check; White House Press Secretary Jen Psaki deflected questions about it and implied that Congress should take the lead on the issue, if Democratic legislators wanted to advance it.
According to the recently released Inequality Index by Morning Consult and Axios, economic inequality inched up to 6.5 percent this month, compared to 5.7 percent in April.
Under the current plan, the child tax credit will financially assist eligible parents through the end of this year. But if Biden’s nearly $2 trillion American Families Plan ever gets green-lighted by Congress, the credit could be extended well beyond this year through 2025.
Stimulus rollout including $3,600 child tax credit and checks to be sent within weeks
Updated: 7:55 ET, May 29 2021
THE much-anticipated stimulus rollout including $3,600 child tax credit and checks will be sent out within weeks.
In just a few weeks, nearly all of the $1,400 coronavirus stimulus checks will have been disbursed to Americans who are eligible under the American Rescue Plan, National Interest reported.
Read our stimulus checks live blog for the latest updates on Covid-19 relief.
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According to the latest data from the U.S. census bureau, around thirty-four million people live in poverty in the United StatesCredit: AFP
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The IRS will begin sending child tax credit payments on July 15 for those who qualifyCredit: Getty