A White House official said on Friday that the Biden administration is considering making double child tax credit payments in February as payments are set to lapse at the end of the year.
White House Press Secretary Jen Psaki is in Washington, DC, on December 10, 2021. The photo was taken by Saul LOEB.
The images are from the same source.
If Biden's plan is passed in January, the White House would speak with Treasury officials about double payments in February.
Millions of families have received child tax credit payments since July, which pay up to $300 per child under age 6 and up to $250 per child from ages 6 to 17.
The tax credits are part of Biden's coronaviruses relief package, which expires at the end of the year.
The White House wants to expand the payments under Biden's legislation, but the package is not expected to pass by the end of the year.
The legislation may not be passed until 2022, according to a statement released by Biden.
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Biden initially released a $3.5 trillion proposal called "Build Back Better", but the legislation went through rounds of cuts to get the votes of two moderate Democrats. The votes of the two senators are crucial for the vote to pass the government spending bill in the Senate. After months of tense negotiations with the senators, the House narrowly passed the Build Back Better Act last month, but now faces opposition from Manchin. In a statement, Biden said he is confident that they will bridge their differences and advance the plan.
What to watch for.
Biden said in his Thursday statement that he is continuing to speak with Manchin, and that he expects the negotiations to continue through at least next week. Once the agreements are finalized, he will work with Senate Majority Leader Chuck Schumer to finish the procedural and parliamentary steps to prepare the vote. Biden is determined to see the bill on the floor as soon as possible.
What is the Democrats plan? Free preschool, child tax credit expansion, and more are available.
The House has a spending plan that passed with a narrow margin.
