Today, another round of payments from the expanded Child Tax Credit will help millions of families across the country with payments of up to $300 per child. This is just the first step. Our Build Back Better Agenda will extend this benefit for years to come.
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Replying to @JoeBiden
I work with somebody that get that money and he just says wow what great extra money to spend on self

12:30 AM ยท Oct 16, 2021

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Many do not spend the money on their kids.
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Well they hate FSAs, so they couldnโ€™t fathom the idea of a refundable tax credit sent directly into it with its dependent care spending rules.
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Heโ€™s gonna be upset when he does his taxes and he isnโ€™t getting the full amount back.
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Heโ€™ll be losing it in next years taxes so heโ€™s not very bright. Itโ€™s the exact same credit theyโ€™ve always gotten only they are being pre-paid this year.
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