Child Tax Credits to Begin Arriving July 15

“The expanded monthly child tax credit introduced in President Biden’s $1.9 trillion COVID relief package will begin arriving in parents’ bank accounts on July 15,” Axios reports.

“The credit, part of the administration’s plan to transform the country’s social safety net in the wake of the pandemic, would provide families with $300 monthly cash payments per child up to age 5 and $250 for children ages 6–17.”