Child Tax Credit Payments Go Out This Week

The expanded monthly tax credit payments announced by the White House in May will begin going out Thursday, Axios reports.

“The enhanced child tax credit will provide eligible families with $300 monthly cash payments per child up to age 5 and $250 for children ages 6–17. About 39 million households — and 88% of children in the U.S. — will be covered by the monthly payments.”