WASHINGTON (WTVA) - The federal government is starting to deposit child tax credit money into the accounts of more than 35 million families, the Associated Press reported Thursday.
President Joe Biden expanded the credit for one year as part of coronavirus relief.
This means most families will now qualify for monthly payments of as much as $300 per child beginning Thursday.
The Associated Press says the president is seeking to extend the payments and make them permanent.
Biden says that would cut child poverty in half and help the economy grow.
Some Republican lawmakers claim the payments will make parents less likely to work, according to the Associated Press.
The White House released state-by-state fact sheets about the child tax credit.