Child Tax Credit Payments Start Hitting Parents' Bank Accounts
In order for families to qualify, single taxpayers must make $75,000 or less, and married couples filing taxes jointly must make $150,000 or less.
Watch CBS News
In order for families to qualify, single taxpayers must make $75,000 or less, and married couples filing taxes jointly must make $150,000 or less.
The House approved the final version of President Biden's $1.9 trillion coronavirus relief bill on Wednesday, handing the new president a significant legislative victory as he works to stabilize an economy still struggling to rebound from the depths of the COVID-19 pandemic.
The COVID-19 pandemic has resulted in millions of Americans losing their jobs. Some have even able to re-enter the workforce, but experts say one group is especially struggling to do so.
President Biden signed two executive orders on Friday, one of which would increase federal food assistance and streamline the delivery of stimulus checks, as the president attempts to stabilize the economy without congressional assistance amid the fallout from the coronavirus pandemic.
The COVID relief bill sets aside $600 for Americans struggling through this pandemic.
House Republicans on Thursday blocked a bill by Democrats to provide direct checks of $2,000 to individuals on Thursday, after President Trump called on Congress to amend a newly passed coronavirus relief bill to increase direct payments to $2,000, with $4,000 for a couple.
Hundreds of dollars could be coming to the bank accounts of millions of Americans as early as next week.
Congressional leaders on Sunday reached a deal on a $900 billion COVID-19 economic relief package that includes $600 direct payments to Americans.
New York State and New York City seem to be in line for billions of dollars in federal aid contained in the new stimulus bill being negotiated in Washington — money that will help with looming COVID related related budget deficits.
Senate Democrats on Wednesday blocked a $500 billion coronavirus relief bill proposed by Republicans, while talks continue over a larger package with dimming prospects of passing before the election.
President Trump shut down negotiations between the White House and House Democrats over a new coronavirus relief bill, sending stocks tumbling with a series of tweets announcing he had "instructed my representatives to stop negotiating until after the election."
The $1,200 checks were issued in the spring, but the IRS used tax return data to process the checks, and many Americans don't file a return.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.
Time is running out on a stimulus package passing before the election, even as the need for another stimulus check and additional unemployment payments remains strong.
Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
De Blasio spoke about the $600 weekly unemployment benefit that is set to expire Friday, and criticized the Senate majority for blocking a stimulus bill that he believes is desperately needed.
The mayor said first responders are left wondering if they're going to still have a job in a few months.
Treasury Secretary Steven Mnuchin announced Thursday that the White House and Senate Republicans have reached a "fundamental agreement" on their opening offer, CBS News reports.
The IRS has launched a website that gives you the ability to track the status of your economic stimulus payment from the federal government during the coronavirus pandemic.
The first batch of stimulus checks — or "economic impact payments," as they are officially known — started hitting consumers' bank accounts on Saturday, the Internal Revenue Service has told CBS News.
While Paul Ryan is entitled to his own opinions, he is not entitled to his own facts. He lied to America about Medicare. He lied to America about the debt commission. He really lied to America about the stimulus and America's debt rating.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to "hit bottom" and letting Detroit go bankrupt.
The weatherization program is designed to residents save on energy costs through the installation of insulation, sealing ducts and stopping heat loss through leaky windows and doors.
The agency will pay nearly $6.8 million to a Bergen County-based firm for the vans, minivans and minibuses. The cost will mostly be covered by federal stimulus money and various federal grants.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
Downed wires suspended Amtrak and New Jersey Transit services affecting Sunday morning travelers in Philadelphia, New Jersey and New York.
Jalen Brunson scored 29 of his season-high 39 points in the second half to power the Knicks to a 104-93 victory over the Pelicans on Saturday night.
Bo Horvat had two goals and an assist, Isaiah George scored his first NHL goal and the Islanders beat the Maple Leafs 6-3 on Saturday night.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
The Yankees have found a stopgap at first base, reportedly agreeing to a one-year, $12.5 million contract with Paul Goldschmidt.
NYPD Chief of Department Jeffrey Maddrey has resigned following a bombshell allegation of sexual misconduct on the job.
Amazon workers are on strike at the company's Staten Island warehouse, its largest union facility in New York City.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
Snow and frigid temperatures set in across the Tri-State Area on Saturday, the first day of winter.
With the first day of winter quickly approaching, it's time to take a look at what's in store, and how La Niña may factor in.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
Party City announced mass layoffs at its headquarters in Woodcliff Lake, New Jersey, according to an email sent to employees.
A New Jersey drone pilot says most sightings are easily explained after people have been reporting mysterious drones in the state for weeks.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
A new law in Suffolk County allows police to arrest spectators at street takeovers, not just drivers at the illegal meetups.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
NYPD Chief of Department Jeffrey Maddrey has resigned following a bombshell allegation of sexual misconduct on the job.
Former New York Gov. Andrew Cuomo filed a lawsuit Thursday against a former aide, Charlotte Bennett, who alleged he sexually harassed her in 2020.
The stopgap measure will fund the government and provide tens of billions in disaster relief.
NYC Mayor Eric Adams' former chief advisor Ingrid Lewis-Martin has been indicted on bribery charges, the Manhattan DA announced.
A move in Congress by Sen. Chuck Schumer that would have allowed towns to track drones was blocked Wednesday.
A woman who lost her jaw after being caught in a crossfire in Ukraine can smile again thanks to transformative surgery in New York.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
New York Congressman-elect George Latimer expects "major pushback" to Robert F. Kennedy Jr.'s potential vaccine policy if he heads Donald Trump's Health and Human Services Department.
A breakthrough treatment is making a huge difference for stroke survivors, improving hand and arm function, and their quality of life.
CBS News New York's Cindy Hsu's mental illness did not stop her. Now, she's highlighting hope and solutions.
Sean "Diddy" Combs was back in federal court in Lower Manhattan on Wednesday for a pretrial hearing.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The annual gala at the John F. Kennedy Center for the Performing Arts features personalized tributes with performances and testimonials from fellow artists.
Jalen Brunson scored 29 of his season-high 39 points in the second half to power the Knicks to a 104-93 victory over the Pelicans on Saturday night.
Bo Horvat had two goals and an assist, Isaiah George scored his first NHL goal and the Islanders beat the Maple Leafs 6-3 on Saturday night.
Lauri Markkanen scored 21 points, Collin Sexton and Svi Mykhailiuk each had 18 points, and the Jazz beat the Nets 105-94 on Saturday night.
Nico Hischier had a goal and two assists and Jacob Markstrom made 12 saves as the Devils beat the Penguins 3-0 on Saturday night.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
As Hanukkah approaches, the Brooklyn organization is in a race against time to deliver gifts to children battling illnesses.
Mets owner Steve Cohen's Metropolitan Park casino complex proposal has picked up steam after gaining the Queens borough president's approval.
Parts of the MTA's emergency exit infrastructure are in a hazardous state of disrepair, according to a new audit report.
The Riverside Church of New York announced this week plans to close its Weekday School after 95 years of caring for local children.
Neighbors living in communities without subway stops say congestion pricing has caused many to consider leaving New York City.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
It's open season in the New York City mayor's race as new contenders enter the fray. Democrat Scott Stringer and Republican Curtis Sliwa make their cases to replace Mayor Eric Adams on this episode of "The Point with Marcia Kramer."
Dr. Andrew Torchia with Heart of Chelsea Veterinary Group explains some potential pet dangers during the holiday season, especially in homes welcoming guests this time of year.
Expect jam-packed airports and highways as the holiday travel season kicks into high gear in New York City. CBS News New York's Zinnia Maldonado reports.
John Elliott has the Tri-State Area's updated First Alert Forecast for Sunday, Dec. 22, 2024 on CBS News New York.
CBS News New York's Vanessa Murdock has your seven-day forecast.
