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- President-elect Joe Biden is expected to expand family allowances as part of an economic relief package, the Washington Post reported.
- Biden unveiled a plan last year to expand the child tax credit.
- Democrats have supported the expansion of family allowances to tackle high rates of child poverty in the United States.
- Visit the Business Insider homepage for more stories.
President-elect Joe Biden is expected to include expanded family allowances in an economic relief package due to be released on Thursday, sources told The Washington Post.
The report says Biden is likely to push for a measure similar to his campaign proposal to provide $ 300 per month to households with one child under 6 and $ 250 per month to households with children between 6 and 17. years.
Last year, Biden proposed extending and increasing the child tax credit to $ 3,000 per child for children ages 6 to 17 and to $ 3,600 for children under 6.
Biden’s website said the expansion would “provide thousands of dollars in tax relief to middle-class households” and “help working families most in a hurry to avoid poverty and achieve greater economic security. “.
Marc Goldwein, head of policy at the Committee for a Responsible Federal Budget, said on Twitter Thursday that a five-member household could receive $ 19,000 with Biden’s expanded child tax credit.
—Marc TWO MILLION SHOTS PER DAY Goldwein (@MarcGoldwein) January 14, 2021
Biden rolled out this proposal in September. Experts previously told Insider that while the benefits would be substantial for the working class, there would be work to be done to ensure that deserving families are not left behind.
The economic aid program is expected to cost nearly $ 1 trillion with family allowances, The Post reported.
Many Democratic lawmakers have supported expanding child tax benefits in an effort to tackle high rates of child poverty in the United States.
House Democrats approved an extension of the child tax credit last year. And Colorado Senator Michael Bennet said in 2019 that he could think of “nothing more at war with who we are as Americans than allowing children to grow up in poverty.”
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