December Sees Significant Job Growth, But Millions Of Americans Are Calling It Quits
The U.S. Showed Strong Job Gains In December, But A Record Number Of Americans Continue To Leave The Workforce Voluntarily.
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Child Tax Credit
Illegal immigrants Would Get $10.5 Billion From Reconciliation Bill
The Budget Reconciliation Package Pushed By Democrats Creates A New Expanded Child Tax Credit (CTC) That Would Pay Illegal Immigrants Some $10.5 Billion Next Year. All Immigrants With Children Are Eligible, Regardless Of How They Got Here And Whether Their Children Are U.S.-Born. This Includes The Roughly 600,000 Unaccompanied Minors And Persons In Family Units Stopped At The Border In FY2021 And Released Into The Country Pending A Hearing. Cash Welfare To Illegal Immigrants Is Not Just Costly; It Also Encourages More Illegal Immigration.
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Federal Payments For Parents Start This Week Amidst IRS Backlog
The IRS Will Begin Sending Advances On Annual Child Tax Credits Thursday For Qualifying Families As Part Of Biden’s $1.9 Trillion COVID Relief Bill Passed Earlier This Year.
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Why Biden’s ‘Child Allowance’ Will Harm The Economy
For The Next Six Months, The Child Tax Credit, Claimed By Working Families Every Year At Tax Time To Keep More Of Their Hard-Earned Money, Will Be Transformed Into An Anti-Work Welfare Check. Parents Will Receive Monthly Payments Of $300 Per Child Under 6 And $250 Per Child Age 7 To 17. By Next Tax Season, Some Households With No Working Adults Will Receive More Than $10,000 In These Payments. No Work Required. Just Free Money On Top Of America’s Existing Safety Net.
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Families May Now Defer Monthly IRS Payments For Major Tax Refund
The Federal Government Is Set To Begin Sending Out Monthly Checks To Millions Of Americans Next Month, But A New IRS Tool Will Allow Them To Defer The Payments For A Sizeable Tax Refund Next Year.
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Biden’s Monthly Child Tax Credit Payment Is ‘Just The First Step’
A Sweeping New Federal Program That Will Provide Monthly Payouts To Parents Kicks Off Next Month, And The Biden Administration Indicated There Is More To Come.
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Biden’s $6 Trillion Budget Draws Pushback
President Joe Biden’s Latest Budget Proposal Fits The Model Of His Other Plans With Higher Taxes And A Spike In Federal Spending. But The New Plan Has Drawn Opposition Just As His Earlier Spending Proposals Have.
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Feds To Pay Hundreds Per Child To American Families; Critics Fear Economic Fallout
Americans With Children Will Begin Receiving Checks From The Internal Revenue Service In A Few Weeks, But Economists Worry The Payments Could Have Long-Term Economic Consequences.
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