President Biden and the Democrats continue to deliver for Florida with Expanded Child Tax Credit
Thanks to President Biden and the Democrats in Congress, Florida is getting back on track and Floridians are finally receiving the assistance they deserve. Not only did over 89% of Floridians receive stimulus checks, but now millions of Florida families are about to see deposits in their bank accounts thanks to the Expanded Child Tax Credit in the American Rescue Plan.
The Expanded Child Tax Credit included in the American Rescue Plan—
- Single parents making 75k a year or less and couples making 150k a year or less will receive $3000 per child age 6-17 and $3600 per child under the age of 6
- Half of the credit will be divided into monthly payments and half will come as a credit on next year’s taxes
- 88% of all children living in the US will qualify for the payments
“President Biden and the Democrats delivered both short term and long term relief to Floridians,” said Florida Democratic Party Spokeswoman Alexandra Caffrey “We are already seeing the widespread positive impact of the stimulus payments as well as the ramped up vaccine access, and soon the Expanded Child Tax Credit and Restaurant Revitalization grants are going to start hitting bank accounts, taking our recovery to the next level— this is what competent moral leadership looks like and people all across Florida are recognizing it.”