Maskot/Getty Images The new COVID-19 stimulus bill expands the child tax credit to offer most parents monthly checks.
Parents can receive up to $3,600 per child for a year, no strings attached.
Economists say the groundbreaking program is akin to a basic-income policy. See more stories on Insider’s business page . President Joe Biden signed the $1.9 trillion COVID-19 stimulus bill into law on Thursday. Tucked into it is a $100 billion plan to offer most parents recurring monthly checks from July through December: $300 per child under age 6 and $250 per child ages 6 to 17. After […]
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