
Biden's Child Tax Credit seems like it should be a political slam dunk, but it's getting scaled back anyway
CNN
As government policy changes go, it's hard to find one that helps millions of Americans as rapidly and directly as President Joe Biden's expanded Child Tax Credit.
Since its temporary enactment in Biden's $1.9 trillion Covid relief bill in March, it has given the parents of 60 million children up to $300 per child each month, according to the administration. For 90% of them, the money goes directly into their bank accounts from the Treasury.
"A tax cut for middle-class people," Biden told a CNN town hall on Thursday. And because it's fully available to households with little or no income, the President boasted in Pennsylvania a day earlier, the expanded credit has cut child poverty in the US by 50%.

The alleged drug traffickers killed by the US military in a strike on September 2 were heading to link up with another, larger vessel that was bound for Suriname — a small South American country east of Venezuela – the admiral who oversaw the operation told lawmakers on Thursday according to two sources with direct knowledge of his remarks.

The two men killed as they floated holding onto their capsized boat in a secondary strike against a suspected drug vessel in early September did not appear to have radio or other communications devices, the top military official overseeing the strike told lawmakers on Thursday, according to two sources with direct knowledge of his congressional briefings.











