December’s expanded Child Tax Credit payment will be the last if the Build Back Better act isn’t passed by lawmakers.
The White House floated the possibility of two Child Tax Credit payments for families in February if the Build Back Better legislation can pass after the new year. Press secretary Jen Psaki told reporters on Friday that it is President Joe Biden ‘s plan to get the sweeping social safety net package moved forward early next year. The bill would extend the administration’s expanded Child Tax Credit through 2022. December’s expanded Child Tax Credit payment will be the last if the Build Back Better act isn’t passed by lawmakers. “If we get it done in January, we’ve talked to Treasury officials and others about doing double payments in February as an option,” Psaki said aboard Air Force One. “But the president wants to see this move forward, it’s a priority for him as soon as Congress returns.
