President Joe Biden and Vice President Kamala Harris mark the first of monthly Child Tax Credit relief payments, thanks to the American Rescue Plan.
President Joe Biden plans to extend the Child Tax Credit expansion — a part of the American Rescue Plan signed into law in March — past its December expiration, senior administration officials said Wednesday.
“The goal of this is not just to be one year. I think that people have somewhat different legislative strategies but I think that every advocate has the same goal: that we want this to be ultimately permanent,” a senior administration official said during a press call. “There’s no disagreement on that the ultimate goal is for this to go on indefinitely.”
Biden’s initial plan is to extend the credit for four years as a means of making it permanent, officials said.
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