Here's a look at what's new, what's out, and what was kept intact in the $1.75T package, now half the size of the initial proposal from President Biden.
for 3- and 4-year-olds, with funding for the next 6 years. The White House said that would mean free pre-school for more than 6 million children.child tax credit
. Originally expanded under a Covid relief bill, the credit has benefited households earning up to $150,000 a year by providing direct cash payments from the IRS for their kids. The program provides a monthly child cash allowance of $300 per child under 6 years of age and $250 for each child between 6 and 17 years old. The Build Back Better bill would also make the refundability of the tax credit permanent.
s would limit child care costs for families to no more than 7 percent of income, for households earning up to 250 percent of their state's median income, the White House said. The administration said the plan — which along with universal pre-K would cost $400 billion — is expected to expand child care access to about 20 million children.for low-income college students would increase by $500 from the current rate of $6,495 in annual assistance.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook's Meta change is a risky bet on a potential $1 trillion industryInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Chipotle cancels in-restaurant Boorito deal for $1 million free burrito giveaway, $5 Halloween mealsChipotle Boorito 2021 has changed again amid COVID-19. To get a $5 Halloween meal, you need to order online and there's a contest for free codes.
Read more »
Top EU court fines Poland $1.2M per day in rule of law rowThe European Court of Justice imposed the penalty after a weeklong war of words in which Poland told the EU to stay out of its judicial affairs while EU members insisted that Warsaw should not have disregarded the bloc's principles.
Read more »
Stacey Abrams group donates $1.34M to wipe out medical debtsATLANTA (AP) — The political organization led by Democratic titan Stacey Abrams is branching out into paying off medical debts. The Fair Fight Political Action Committee on Wednesday told The Associated Press it has donated $1.34 million from its political action committee to the nonprofit organization RIP Medical Debt to wipe out debt with a face value of $212 million that is owed by 108,000 people in Georgia, Arizona, Louisiana, Mississippi and Alabama.
Read more »
As Biden leaves for Europe, his foreign policy looks even more like Trump's'In some camps, there is a sense that policies haven't changed that much from the previous Trump administration,' former NATO Secretary General Anders Fogh Rasmussen told Newsweek.
Read more »
Joe Biden could face midterm wipeout as omens mountIn recent years, the party in the White House has struggled in the midterms. Signals indicate difficulty for Biden in just over a year's time.
Read more »