Biden supports the temporary strengthening of a permanent tax credit for parents, a Democratic aide said. The stimulus bill would provide households with up to $ 3,600 per child for a year. Senate Democrats want to make this permanent and give families the option to write monthly checks. Visit the Insider Company section for more stories.
President Joe Biden told House Democrats on Wednesday that he supported making the strengthened temporary child tax credit permanent in his stimulus package, a Democratic aide briefed on the call said.
News Highlights Business
- Headline: Biden backs permanent payment of $ 3,000 to parents as part of the stimulus
- Check all news and articles from the Business news updates.