STIMULUS NEWS UPDATE!! Child Tax Credit Payments!! INFLATION!!

We can all use more money right? Are you for pushing another STIMULUS CHECK? Let me know in the comments below? Does another Stimulus mean Higher Inflation? Inflation is high and gas prices are rising. Russia's invasion of Ukraine could push them higher.
I can almost say that by the signs of how things were looking last night, we knew this was coming.
But hopefully things will get better. Fingers crossed. We will have to wait and see what putin does in the next few hours.
So now on to the good news : Stimulus.
Stimulus Update: Monthly Cash Payments May Return for Children and Families -- But With a Few Big Changes
• Here are some key points to this Stimulus Update:
• Senator Mitt Romney is proposing a program with monthly payments that would be issued to families across the nation.
• This program would increase the maximum monthly payment to $350 per child for families who qualify.
• But while the monthly payments would ease some of the financial burdens that millions of households are now facing, the program would come with a lot of new changes.

There is no question that the expanded Child Tax Credit benefits had a positive impact on millions of low- to moderate-income households in 2021. The $250 to $300-per-child payments that were issued to bank accounts and mailboxes from July to December of last year made a big difference especially for those who were struggling to make ends meet due to the pandemic.

But those monthly payments -- as well as the other benefits of the enhanced tax credit -- came to an end for good late last year, despite numerous calls to extend the program for another year. While numerous Democratic lawmakers pushed hard to extend the program for another year, there were lawmakers opposed to the idea on both sides of the aisle. Without an agreement on an extension, Senate lawmakers simply opted to let the program, and the monthly payments, expire instead.

#Stimulus #Inflation #Russia #Biden

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