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Dueling child-cash plans take center stage as coronavirus-aid outline takes shape

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The $1.9 trillion coronavirus-aid package making its way through Congress is set to be the venue for a new debate between Democrats and Republicans — how best to get more money to families with children.

Democratic taxwriters in the House unveiled their plan late Monday, ahead of an expected markup session later in the week of their portion of a bill that would go to the Senate and be immune to the 60-vote filibuster requirement.

“The pandemic is driving families deeper and deeper into poverty, and it’s devastating. We are making the Child Tax Credit more generous, more accessible, and by paying it out monthly, this money is going to be the difference in…



Source marketwatch.com

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