Aid plan proposed that provides families with $ 4,200 per child

They propose a new aid plan that will give families $ 4,200 per child Utah Republican Senator Mitt Romney is pushing for a more ambitious...

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  • They propose a new aid plan that will give families $ 4,200 per child
  • Utah Republican Senator Mitt Romney is pushing for a more ambitious proposal to fight poverty in the United States
  • Under Romney’s proposal, the federal government would offer up to $ 4,200 per child under 6 years of age

They propose a new aid plan with which families are given $ 4,200 per child.

President Biden has a plan to help families in greatest need by offering extra money for your kids, a proposal that is supported by some Democratic senators and that this Monday will be presented to Congress by Representative Richard Neal.

Yet Utah Republican Senator Mitt Romney is pushing for an even more ambitious proposal to fight poverty in the United States.

Under Romney’s proposal, the federal government would offer up to $ 4,200 per child under 6 years of age, and up to $ 3,000 for children between 6 and 17 years old.

In contrast, Biden’s project would provide annual support in installments of $ 250 of up to $ 3,600 per child under 6 years of age, and up to $ 3,000 for children between 6 and 17 years of age.

Aid plan proposed that provides families with $ 4,200 per child

Both proposals are similar and aim to help the families most ‘hit’ during the pandemic.

Chuck marr, director of Federal Tax Policy, made a careful evaluation of both. One of the differences is that Biden’s proposal would only be for one year in hopes of making it permanent; while Romney from the beginning states that it becomes a permanent help. “For now, Biden’s proposal is only for one year. Hopefully it will be a permanent proposition soon. It is not clear how such a proposal would be paid for, ”he wrote in his twitter account.

Photo: Twitter

He also explained that Romney’s plan would further increase a family’s Child Tax Credit compared to Biden’s proposal. However, both ideas would end up being “real money for a family that doesn’t have a lot of money.”

Biden Proposes to Give $ 3,600 Child Aid to Needy Families

President Biden Proposes to Provide $ 3,600 Per Child Assistance to Families Most in Need; the idea is already advancing in the Congress.

Democratic lawmakers will present to Congress on Monday a new proposal from President Biden, which includes sending $ 250 a month per child to low-income families, The Washington Post reported. The aid could reach up to $ 3,600 per child.

This project would be part of the $ 1.9 billion package that the White House presented since the arrival of Biden on January 20.

According to the first reports, the president’s intention is to make this aid to families in poverty permanent.

Biden Proposes to Give $ 3,600 Child Aid to Needy Families

Photo: Shutterstock

Biden Proposes to Give $ 3,600 Child Aid to Needy Families

The proposal details that families with children under the age of 6 are those who will receive a total payment of $ 3,600 from the Internal Revenue Service (IRS). While those with minors between the ages of 6 and 17 would receive $ 3,000.

According to the project that the Post consulted, the aid would begin to be sent in the month of July.

This, anticipating that the IRS will have to direct its efforts first to the delivery of the third round of checks, which this time would be $ 1,400 per person.

Richard E. Neal, Democratic Representative from Massachusetts and chairman of the House Ways and Means Committee will be in charge of presenting the proposal.

Why would a third stimulus check take weeks?

There are still many doubts about the new economic package, for example: why would a third stimulus check take weeks?

The economic stimulus package proposed by the Biden Administration made great strides last week in the House of Representatives and the Senate. However, it is an obstacle course that must be overcome as time progresses and, without a doubt, there are some aspects that would delay the final approval of a third round of checks, this time for $ 1,400 per person.

In principle, next week begins a second impeachment against former President Trump and this will get the full attention of US lawmakers.

Senators will have to address issues related to Trump’s impeachment before focusing on passing Biden’s $ 1.9 trillion aid plan.

In addition, on February 15, 2021, Presidents’ Day or President’s Day is celebrated in the United States, which is a federal holiday, which means that legislators will be in recess.

But they are not the only points. Legislators in each congressional committee need time to be able to draft the bill in detail. This would take weeks.

Nancy pelosi, Speaker of the House of Representatives, has promised a draft only by the end of February.

If there are no problems or objections, the final vote would be destined to take place at the end of February, at the earliest, right after the Trump trial ends, or early March.

By then they would be in a race against time, as Democrats hope to approve the plan before March 14, when the $ 300 unemployment benefit that was approved in December ends.

The good news is that there are no threats of obstructionism from Republicans, since on Friday the Senate approved the budget “reconciliation” resolution, which will allow the bill to be passed by a simple majority.

After the aid is approved and signed by the president, recipients will have to wait a few more days for the Internal Revenue Service (IRS) to proceed with payments. Direct payments through electronic transfers will run much faster than delivery of checks and cards by mail, as has happened in the previous two occasions.

In December the IRS took just two days to start delivering the funds.

With all of these obstacles on the track, Democrats are challenged to reach the goal of passing a third round of check by mid-March.

Filed as: Help plan proposed that provides families $ 4,200 per child

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