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Child Tax Credit

House Democrat on Child Tax Credit and more

Millions of parents across the country could see extra money in their bank accounts starting Thursday as the new monthly Child Tax Credit payments begin. The rollout comes after President Biden met with fellow Democrats on Capitol Hill to shore up support for a $3.5 trillion infrastructure plan that could include expanded Medicare coverage, money to fight climate change and a pathway to citizenship for certain immigrants. Congressman Ro Khanna, a Democrat from California, joined CBSN's Tanya Rivero to discuss.

Jul 15, 2021
06:31

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Biden and Harris on Child Tax Credit payments

President Biden said it was a "historic day" as roughly $15 billion were distributed to the families of nearly 60 million children in the first monthly payments of the advanced Child Tax Credit. He and Vice President Kamala Harris spoke Thursday about the payments. Watch their remarks.

Jul 15, 2021
15:55

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Biden urges Democrats to back budget plan

President Biden met with fellow Democrats on Capitol Hill to shore up support for a new $3.5 trillion budget plan that could include an expansion of new Child Tax Credit payments. Republicans won't back the plan, so every Senate Democrat needs to be on board in order for it to pass. CBS News senior White House and political correspondent Ed O'Keefe joined CBSN to discuss.

Jul 15, 2021
12:15

Child tax credit written on a paper. Financial concept.

Child Tax Credit: Here's when payments will hit accounts

IRS sending payments of up to $300 per child as part of the government's efforts to "supersize" stimulus aid.

Jul 15, 2021

Expanded child tax credit rolls out

Starting Thursday, millions of parents could see extra money in their bank account through an expanded child tax credit. Ed O'Keefe reports.

Jul 15, 2021
02:41

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Jul 14, 2021
49:42

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Families set to receive child tax credit payments

The federal government will begin dispersing monthly cash payments to low- and moderate-income families on July 15 as part of the child tax credit program included in the latest round of COVID relief. The rollout comes as the Federal Reserve paints a clearer picture of the current state of the economy, saying inflation will likely remain elevated in the coming months. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with the details.

Jul 14, 2021
08:16

Democrats unveil $3.5 trillion budget

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Jul 14, 2021
01:50

Budget deal, crime concerns, troop withdrawal

CBS News correspondent Natalie Brand, National Journal columnist Josh Kraushaar, and BuzzFeed News political reporter Kadia Goba join "Red and Blue" anchor Elaine Quijano to discuss Senate Democrats' $3.5 trillion budget deal, a new poll on concerns about rising crime, and how the White House says it will help those who assisted the U.S. during the war in Afghanistan.

Jul 14, 2021
21:18

Biden celebrates "life-changing" Child Tax Credit payments as checks go out

Democrats push for payments to extend beyond 2021 as the first checks hit bank accounts July 15

Jul 15, 2021

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How child care affects U.S. economic recovery

Millions of eligible families will receive the first in a series of monthly payments of the expanded Child Tax Credit this week, which could help parents and guardians struggling to pay for child care. Richard Weissman, CEO and founder of The Learning Experience, joined CBSN to discuss why child care is so crucial to the nation's economic recovery.

Jul 12, 2021
10:06

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Biden to discuss nationwide gun violence surge

President Biden will focus on the recent surge in crime and deadly gun violence across the country during a high-stakes meeting Monday at the White House with Attorney General Merrick Garland, New York City mayoral candidate Eric Adams, local leaders and law enforcement officials. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN with the latest developments.

Jul 12, 2021
10:34

Stimulus aid roundup: Here are benefits you might have missed

Some people may qualify for more stimulus cash than they realize, while other programs can offer surprise benefits.

Jul 12, 2021

Child Tax Credit: Here's who will get up to $1,800 per child in cash

The expanded tax credit isn't available to all parents, and some recipients may be asked to repay the IRS next year.

Jul 8, 2021

Understanding the new child tax credit plan

Millions of families will receive monthly cash payments thanks to the new child tax credit plan. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain who qualifies and how much they'll get.

Jun 23, 2021
04:24

Expanded child tax credit starts next month

The Biden administration will begin investing in low- and middle-income families through the expanded child tax credit program starting next month. Eligible parents with children under 18 will receive monthly payments this year to help with the cost of raising kids. CBS MoneyWatch reporter Aimee Picchi joined CBSN to discuss who is eligible and how much they'll receive.

Jun 22, 2021
05:28

Biden economic adviser talks Child Tax Credit

The Biden administration wants to raise awareness about the government's expanded Child Tax Credit, the monthly payments to families the administration is pushing to put in place long term. Heather Boushey, a member of the White House Council of Economic Advisers, joined CBSN to discuss how an extension would be paid for and how the program would affect child poverty.

Jun 22, 2021
06:28

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#MoneyTok: The expanded child tax credit

President Biden's expansion of the child tax credit will put cash in the accounts of qualifying families every month, starting July 15. Here are the details.

Jun 21, 2021
01:03

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Democratss press forward with election reform vote

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Jun 21, 2021
14:45

White House press secretary on Biden's domestic agenda

Some of President Biden's key legislative priorities face tests this week, as lawmakers continue to negotiate an infrastructure plan, voting rights legislation and police reform. White House press secretary Jen Psaki joins "CBS This Morning" to discuss.

Jun 21, 2021
03:59

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Millions to receive 2021 child tax credit

A new IRS tool will help millions of low-income Americans file for their 2021 child tax credit. The monthly payments will begin July 15 and extend through the year. While Democrats are trying to make the current payments permanent, Republicans are looking to introduce their own version of the credit. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.

Jun 14, 2021
06:36

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Democrats push to keep Child Tax Credit

A majority of Democrats in the House and Senate are backing a proposal to make some enhanced pandemic benefits permanent. Child Tax Credit payments of up to $300 per month begin July 15. Joseph Zeballos-Roig, an economic policy reporter for Insider, joins CBSN's "Red & Blue" host Elaine Quijano with more on the support and opposition the plan is facing from lawmakers.

Jun 14, 2021
04:26

New IRS tool for families trying to get Child Tax Credit payments

The IRS unveiled the tool Monday for people who made too little to file a tax return.

Jun 14, 2021

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Child Tax Credit payments coming in July

The IRS will start advancing 2021 Child Tax Credits on July 15th this year for those who qualify. Eligible parents will also see an increase in the amount they receive per child. Politico tax reporter Aaron Lorenzo joins CBSN to break down what parents should know about the tax credits and the impact on the economy.

Jun 14, 2021
03:44

Administration ramps up outreach on child tax credit

The IRS is sending out letters to taxpayers who may be eligible based on information it has from tax returns and distributing stimulus checks, among other measures.

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