- Elected President Joe Biden is expected to extend child benefits into an economic relief package, reports The Washington Post.
- Biden unveiled a plan last year to extend the child tax credit.
- Democrats have supported the expansion of child benefits to combat high rates of child poverty in the US.
- Visit Business Insider’s homepage for more stories.
Elected President Joe Biden is expected to include extensive child benefits in an economic relief package to be announced Thursday, sources told The Washington Post.
According to the report, Biden is likely to insist on a measure similar to his proposal to give $ 300 a month to households with a child under the age of 6 and $ 250 a month to households with children between the ages of 6 and 17.
Last year, Biden proposed expanding the child tax credit to $ 3,000 per child for children ages 6 to 17 and up to $ 3,600 for children under 6.
According to Biden’s website, expansion “will provide thousands of dollars in tax relief for middle-class households” and “will help families who are hardest hit avoid poverty and gain greater economic security.”
Marc Goldwein, head of the policy of the committee for a responsible federal budget, said on Twitter on Thursday that a five-member household could receive $ 19,000 with Biden’s extensive child tax credit.
—Marc TWO MILLION SHOTS A DAY Goldwein (@MarcGoldwein) 14 January 2021
Biden launched this proposal in September. Experts had earlier told Insider that the benefits to the working class would be significant, but that there was work to be done to ensure that deserving families were not left out.
The economic relief package is expected to have a price tag of almost $ 1 billion with the child benefits, reports The Post.
Many Democratic legislatures support the expansion of child tax rates to combat the high rate of child poverty in the US.
House Democrats last year approved an extension of the child tax credit. And Senator Michael Bennet of Colorado said in 2019 that he can think of “nothing more in war with who we as Americans are than allowing children to grow up in poverty.”