On Monday, the Biden Administration announced a child tax credit. Qualifying families will receive monthly payments of up to $300 starting July 15 as part of the program. BNC Correspondent Aiyana Cristal explains how the money will help families on “Start Your Day” with Sharon Reed and Mike Hill. Single parents with annual incomes up to $75,000 will be eligible. This is the first time the payments, normally given annually as tax refunds, will be distributed monthly.
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