House Democrats Introduce Plan to Make Permanent $300 Monthly Checks to Parents from Biden's Stimulus
The proposal would provide $250 or $300 checks monthly, depending on the child's age.
Over $1.3 billion in checks were processed in the latest round.
The average household spent nearly a quarter of its stimulus check on goods and services last month, according to the Federal Reserve Bank of New York.
Customers have accused the tax-preparation companies of sending their funds to closed bank accounts.
As the federal government continues to distribute stimulus payments to Americans, the billionaire investor strongly urges recipients to spend it one certain way.
The Wall Street banks are facing criticism after announcing that customers would receive payment no earlier than Wednesday.
President Joe Biden's $1.9 trillion stimulus bill, which he signed into effect today, will provide more than just much-needed cash to struggling families.
Biden Signs $1.9 Trillion Stimulus Into Law, Americans to Receive Individual $1,400 Payments as Soon as This Weekend
According to White House Press Secretary Jen Psaki, the president's signature Covid-relief bill will start delivering individual payments to millions of Americans as soon as this weekend.
President Biden is expected to sign his $1.9 trillion American Rescue Plan as early as this week. Here's what it means for more direct relief to individuals and households.
House Democrats are set to vote on a final version of the bill late on Tuesday.
$1,400 Checks and Bigger Child Tax Credits: Here's What's in President Biden's Proposed Covid Stimulus Plan
The House Budget panel is set to act on the latest Covid-19 relief plan on Monday.
Trump Signs Bipartisan Coronavirus Relief Bill After Calling On Congress to Approve $2,000 Stimulus Checks
President Donald Trump signed the $900 billion bipartisan coronavirus relief package on Sunday.
Mitch McConnell Just Opened the Door for an Extension of the $600 Unemployment Boost ... If President Trump Supports It
Senate Majority Leader Mitch McConnell said Tuesday that he could support an extension of the $600 unemployment benefit if Trump backs it.
They want to send out another round of $1,200 stimulus checks, while cutting those $600 weekly unemployment benefits to $200.
Five plans under consideration are additional stimulus checks, extra unemployment payments, hazard pay, and hiring bonuses.