The Latest COVID Relief Package Is a Huge Help for Parents
By Claire Lampen
The latest stimulus package making its way through Congress contains significant benefits for families, and low-income parents in particular: For at least the next year, and possibly longer if Democrats have their way, the $1.9 trillion American Rescue Plan would allocate parents a monthly check for each of their kids — “a guaranteed income for families with children,” per the New York Times — in addition to a onetime coronavirus relief payment. According to the Center for Law and Social Policy, the provision potentially stands to halve child poverty in the United States.
Read the full article here.
Source URL: https://www.thecut.com/2021/03/covid-relief-package-changes-child-tax-credit-to-cut-poverty.html