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Andy Meek
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By the time we get to the end of this year, the federal government will have sent millions of Americans a bonus, of sorts, this year that totals almost $3,500. That's according to a new stimulus update from the Institute on Taxation and Economic Policy, which has calculated that a mix of new stimulus checks and tax credits is having a big impact. To the tune, in fact, of an average of $3,450 for Americans making $65,000 or less annually.
These figures focus on the third stimulus checks that millions of Americans have already started to receive. As well as the expansion of two tax credits -- the child tax credit, as well as the earned income tax credit. They stem from the stimulus legislation that President Biden signed in March. But, remember, that bill was also chock-a-block with other benefits for Americans, including an increased health care subsidy and an extra $300/week to help jobless workers.
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Here’s how much money you can get right now between stimulus checks and tax credits originally appeared on BGR.com on Tue, 27 Jul 2021 at 14:24:55 EDT. Please see our terms for use of feeds.
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