Political and Legislative
Millions of Families Will Stop Receiving Monthly Child Tax Payments
Millions of families this weekend will stop receiving monthly child tax payments for the first time in months after Congress failed to pass an extension of the expanded credit.
As lawmakers struggle to revive talks to renew the expansion, more than 30 million families that have been receiving the monthly payments since last July will not see another round on Jan. 15.
Democrats temporarily expanded the child tax credit in early 2021 as part of a sweeping coronavirus relief package enacted under President Biden.
