According to a press release distributed earlier today, the Internal Revenue Service and the U.S. Department of the Treasury announced that the first round of the American Rescue Plan's Child Tax Credit (CTC) monthly payments will start being issued on July 15.
Starting in July, working families will be able to receive up to $3,600 per child for 2021 thanks to the next rollout of President Joe Biden's COVID relief package, which aims to help those who are financially struggling to sustain their lives and maintain their families amidst the onslaught of the pandemic.
For some, $1,200 could mean the difference between feeding their family for a few months and...not. For some, it may have helped with some more advanced financial needs. No matter where you stand right now, there are smart and good things you can do with your stimulus check.
(Wall Street Journal) — The Obama administration’s latest attempt to jump-start small-business lending is facing headwinds even before it launches. The U.S. Treasury Department plans to release in coming days the criteria banks must meet to tap a $30 billion lending fund aimed at helping small businesses. The program is expected to include enticement for smaller […]
(Chicago Sun Times) — A stimulus program that has given job training and work experience to 26,000 low-income Illinoisans will end today unless Congress extends its funding. Gov. Quinn extended the “Put Illinois to Work” program for two months past its original Sept. 30 expiration date by allocating $75 million in state money on Sept. […]
(Crain’s) — A federal stimulus program that provided 2,300 Georgians with jobs will expire today — unless Congress agrees to an extension. But state officials acknowledged that the program failed to meet its goals. The state had hoped to provide jobs for 5,000 people, and it used only half of the $21 million that it […]
(WSJ) — The economic-stimulus package has meant big business for Washington, D.C., and federal contractors around the capital’s Beltway. More than $3.7 billion of stimulus contracts, grants and loans have gone to recipients in the District of Columbia and two adjacent congressional districts—Maryland’s 8th District and Virginia’s 8th District. That amounts to nearly $2,000 for […]
(Washington Informer) — If you drive in the District you may soon notice your ride is a lot smoother on many city streets and highways. The District Department of Transportation (DDOT) is using federal funds from the American Reinvestment and Recovery Act (ARRA) to accelerate the department’s paving schedule and resurface additional roadways across the […]
(Atlanta Business Chronicle) — The Georgia Department of Labor and the Georgia Department of Human Services will give Atlanta more than $3.3 million in stimulus money to create summer jobs for eligible teenagers between the ages of 14-18. The funds will serve 1,050 teens this summer, the city said. Read More…
(Atlanta Journal-Constitution) — The Georgia Department of Human Services will hold its eighth stimulus workshop on Saturday at the Savannah Civic Center in Savannah. The event will be from 10:00 a.m. to 12:00 p.m. The public can learn how to obtain access to federal stimulus funds. Read More…