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Biden calls for the renewal of monthly government payouts of the child tax program
Posted on 1/18/22 at 1:34 am
Posted on 1/18/22 at 1:34 am
quote:
President Joe Biden called for the renewal of monthly government payouts to families, noting its success at reducing child poverty.
"That child tax credit was really helpful and we gotta get that renewed," Biden said Sunday, during a visit to Philabundance, a hunger relief organization in Philadelphia.
Biden and first lady Jill Biden volunteered Sunday at the organization to help pack boxes of food for the needy.
The president spoke through his mask as he put large bags of carrots into boxes of food on a moving conveyer belt.
During his conversation with volunteers, Biden said he had "one complaint" about his life, noting that the monthly government payments to families had not been renewed.
"We've got to get it back," he said.
The monthly payments to families began in July, sending parents as much as $300 per child every month as part of Biden's temporary boost to the child tax credit passed in the American Rescue plan last year. The tax "credit" was sent to parents, even if they did not make any income.
The monthly payments were sent to families without a work requirement, earning criticism from even Democrats such as Sen. Joe Manchin (D-WV).
Extension of the tax credit was part of Biden’s Build Back Better agenda, which officially died in December after Manchin said he would not support the bill, making it impossible to pass, not having a majority of Democrat backing.
Making the child tax program permanent would cost $1.6 trillion, the Tax Foundation indicated.
Biden and Vice President Kamala Harris repeatedly cited the expanded tax credit as one of their greatest successes in their first year in office.
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Posted on 1/18/22 at 1:38 am to cajunangelle
Giving tax credits to people who don’t pay taxes. The founding fathers must be so proud.
Clown world……
Clown world……
Posted on 1/18/22 at 1:45 am to sawtooth
$300 per child pleases those in the projects (white trash included-ask anyone that works in a Housing Authority) sitting all day watching Judge Judy. They have no work requirement.
This post was edited on 1/18/22 at 4:10 am
Posted on 1/18/22 at 2:54 am to cajunangelle
quote:
The tax "credit" was sent to parents, even if they did not make any income.
It really is strange how the middle class always seems to be the ones that never really benefit from government programs as much as everyone else. It's as though we have a broken system....
Posted on 1/18/22 at 3:53 am to cajunangelle
Joe Biden is a desperate man that this country hates to levels we have never seen because he is a piece of human shite we didnt elect.
The DNC did this
The DNC did this
Posted on 1/18/22 at 4:27 am to Caraway Rye
While many on here kept talking about their tax situation and how it was just an advance on their deduction, I kept saying it was a friggin free check, now you see it.
Tax credit, build back better, climate change, equity, voter integrity......all just lipstick on a pig.
Yet even very knowledgeable people on this very board actually thought it was a credit and not cash with no strings attached for the majority.
It was just the earned income tax credit by another name. Another program they expanded, which allows you to claim back all the tax you earned with a fake SS# AND AND claim back the tax your employer paid on your behalf, yeah its a credit alright.
Tax credit, build back better, climate change, equity, voter integrity......all just lipstick on a pig.
Yet even very knowledgeable people on this very board actually thought it was a credit and not cash with no strings attached for the majority.
It was just the earned income tax credit by another name. Another program they expanded, which allows you to claim back all the tax you earned with a fake SS# AND AND claim back the tax your employer paid on your behalf, yeah its a credit alright.
Posted on 1/18/22 at 5:35 am to cajunangelle
Stop making babies you can't afford is a plan.
Posted on 1/18/22 at 5:54 am to cajunangelle
Stop stealing my money!
Posted on 1/18/22 at 5:55 am to cajunangelle
#freeshit
Posted on 1/18/22 at 5:59 am to cajunangelle
quote:
Biden said he had "one complaint" about his life, noting that the monthly government payments to families had not been renewed
THAT is the one complaint of your life Joe?
Maybe getting soldiers killed in Afghanistan should be up on that list also.
FJB
Posted on 1/18/22 at 6:03 am to DMAN1968
Continuing to bankrupt the country. We don’t have the money for this
Posted on 1/18/22 at 6:10 am to Torqued Pork
Why would they stop making babies? It is their only source of income.
Posted on 1/18/22 at 6:14 am to RudeDog11
Stop subsidizing irresponsible decisions.
Posted on 1/18/22 at 6:27 am to cajunangelle
quote:
Making the child tax program permanent would cost $1.6 trillion, the Tax Foundation indicated.
This doesn’t make sense. $1.6T/yr?
Posted on 1/18/22 at 6:36 am to cajunangelle
I wish Potato brains would have actually ONE time in his life had to actually budget something in order to survive.
His answer to everything is throw more money at votes.
No real encouragement to get people to be responsible for themselves.
His answer to everything is throw more money at votes.
No real encouragement to get people to be responsible for themselves.
Posted on 1/18/22 at 6:40 am to cajunangelle
No. Nope.
Posted on 1/18/22 at 6:41 am to cajunangelle
Nothing will “help” slow down inflation like printing more money. Nothing will incentivize producers like raising their taxes and lowering their income.
What a shite model liberals have for economics.
What a shite model liberals have for economics.
Posted on 1/18/22 at 6:43 am to cajunangelle
300 a month =\= 5 trillion.
Posted on 1/18/22 at 6:43 am to the808bass
quote:
This doesn’t make sense. $1.6T/yr?
You are right by my calculations and I had to put my phone sideways to calculate that high. We would giving the 300 dollars per month to over 440 million kids. That is more than the US population. So someone’s math is off. Where do they get their copy editors from?
You knock down a set of zeros to 1.6 billion and it drops to 440 thousand kids.
Posted on 1/18/22 at 7:18 am to cajunangelle
What’s the point if IRS can’t even do it correctly though. Got my first $300 then nothing after
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