
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%.

Pipe bomb suspect told FBI he targeted US political parties because they were ‘in charge,’ memo says
The man accused of placing two pipe bombs in Washington, DC, on the eve of the January 6, 2021, riot at the US Capitol told investigators after his arrest that he believed someone needed to “speak up” for people who believed the 2020 election was stolen and that he wanted to target the country’s political parties because they were “in charge,” prosecutors said Sunday.












