December's child tax credit payment will be the last one unless Congress acts
CNN
Parents are set to get their last monthly infusion of the expanded child tax credit starting Wednesday -- unless Congress acts to extend it for another year. Eligible families have received monthly payments of up to $300 per child since July, but the beefed-up credit is only in effect for 2021.
Eligible families have received monthly payments of up to $300 per child since July as part of the Democrats' $1.9 trillion coronavirus relief bill, which President Joe Biden signed in March. But the beefed-up credit is only in effect for 2021.
Democratic leaders want to extend the monthly payments for certain families for another year as part of the party's $1.9 trillion spending bill. But the legislation faces opposition from West Virginia Sen. Joe Manchin, a Democrat, who is concerned about the cost of the sweeping safety net enhancements.
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Venezuelan opposition leader María Corina Machado’s presentation Thursday of her Nobel Peace Prize medal to President Donald Trump was instant fodder for ridicule among Trump’s opponents.