Monthly payments of up to $300 per child are starting for most families — and could keep coming for years That’s the prediction made by some analysts and advocates, regardless of whether they support or oppose the expanded Child Tax Credit payouts, which are due to start Thursday and stem from March’s $1.9 trillion stimulus law.
“It’s very difficult for me to imagine that this will be going away anytime soon,” said Michael Strain, director of economic policy studies at the conservative-leaning American Enterprise Institute.
Strain said it’s unlikely that lawmakers would reduce the Child Tax Credit after ramping it up this year, and while it’s possible the CTC could go back to getting paid out only once a year at tax time rather than through some monthly installments, he wouldn’t bet on it.................
https://www.marketwatch.com/story/monthly-payments-of-up-to-300-per-child-are-starting-for-most-families-and-could-keep-coming-for-years-11622145562?mod=home-page
