New Child Tax Credit

Economy News

Low-Revenue Households Utilizing Baby Tax Credit score to Pay Payments and for Different Wants

Low-income households are utilizing their Baby Tax Credit score cash to pay payments and help their different wants, the Related Press reported. The expanded credit score is a part of President Joe Biden’s American Rescue Plan, the $1.9 trillion coronavirus aid package deal he signed in March. Households are getting a median of $423 this month, and the Treasury Division…