Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
, lower-income households were more likely to use their monthly check to pay down debts. An analysis by economists at Indeed found that, in July, the tax credit made up 1.2% of disposable personal income. Right now, the expanded tax credit is set to last for just a year, but Democrats want to extend it until at least 2025. Some want to keep the credit — and its benefits for lower-income and hungry children — forever.
"The expanded credit is in place for only one year. We cannot stop now," several legislators — including Sens. Cory Booker of New Jersey and Sherrod Brown of Ohio, on the day of the first payment."Kids do not grow up in one year or five years. Parents deserve the predictability a permanent expansion would provide as they raise their families."Subscribe to push notifications
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Al Sharpton to Biden: Black community is being stabbed ‘in the back’Rev. Al Sharpton hit the stage Saturday during a voting rights rally to tell President Biden that supporters of the filibuster are “stabbing” the Black community “in the back.”
Weiterlesen »
DeSantis requests Biden administration stop resettling illegal immigrants in FloridaFlorida Gov. Ron DeSantis this week wrote to the Biden administration, asking it to stop resettling illegal immigrants in the state of Florida -- and to either deport them instead, or send them to a state that supports the 'flouting of our immigration laws.'
Weiterlesen »
Biden: New attack against U.S. forces in Kabul 'highly likely in the next 24-36 hours'U.S. retaliatory strike 'was not the last,' president says. 'We will continue to hunt down any person involved in that heinous attack and make them pay.'
Weiterlesen »
Biden Student Loan Forgiveness Means 3 Things For Your Student Loans3 Things Biden’s Student Loan Cancellation Means For Your Student Loans
Weiterlesen »
Mother of marine killed in Kabul blast says voters who picked Biden 'just killed my son''I woke up at 4 o'clock this morning. Two marines at my door telling me that my son was dead,' she told a conservative radio host.
Weiterlesen »
Michael Waltz warns of consequences after 'Biden gave all of our bases away' in Afghanistan'Al-Qaeda is going to grow back and they are going to attack the West again,' the Florida Republican congressman warned.
Weiterlesen »