WASHINGTON (AP) — The U.S. government is starting to deposit child tax credit money into the accounts of more than 35 million families. President Joe Biden has expanded the credit for one year as part of coronavirus relief. The result is that most families will now qualify for monthly payments of as much as $300 per child beginning Thursday. Biden is seeking to extend the payments and make them permanent. He says that would cut child poverty in half and help economic growth. Some Republican lawmakers say the payments will make parents less likely to work.
Photo: This May 4, 2021 image shows child development director Paola Castillo playing with Arelyanna, 3, one of the students at Cuidando Los Ninos in Albuquerque, N.M. The charity provides housing, child care and financial counseling for mothers, all of whom will benefit from expanded Child Tax Credit payments that will start flowing in July to roughly 39 million households. (AP Photo/Susan Montoya Bryan)