That is why President Biden strongly believes that we should extend the new Child Tax Credit for years and years to come. The new Child Tax Credit enacted in the American Rescue Plan is only for 2021. President Biden’s Build Back Better agenda calls for extending this tax relief for years and years For every child 6-17 years old, families got $250 each month, and for every child under 6 years old, families will get $300 each month. This year, most families started getting the money in July.
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