The payments of $300 per child, under 6, and $250 per child, 6 and older, for those up to making $75,ooo , and couples making over $150,000, will come every 15th of the month until December under the Biden/Democratic stimulus /virus bill that Republicans REFUSED to support….Those making more in income will receive less money monthly….(Fine Print….Those who qualify)
Biden administration officials estimate that households representing more than 65 million children — or 88 percent of all U.S. kids nationwide — will begin receiving the benefit through direct deposit, paper checks or debit cards. Of that population, roughly 80 percent will be sent the cash directly via direct deposit, administration officials told reporters on a call Sunday. High-income parents will receive a smaller benefit or none at all, depending on how much they make. The credit diminishes for individuals with adjusted gross income of more than $75,000, as well as couples earning more than $150,000….