The Latest COVID Relief Package Is a Huge Help for Parents

By Claire Lampen

(Excerpt)

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.

 

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Source URL: https://www.thecut.com/2021/03/covid-relief-package-changes-child-tax-credit-to-cut-poverty.html