Uh oh, the abortion wing of the Democrat party, (which encompasses all of it) is going to find itself with less of the things it loves most (abortions), and more of the things it loves second to most, (dependent Americans). This will surely create turmoil within the party, as it wrestles with the tough decisions as to what is more important; pandering to the militant, bloodthirsty abortionists, or building a lazy, government-dependent electorate. Decisions, decisions.
Biden just announced that families earning under 150K will get $300 per child per month beginning on July 15; hiking the child tax credits by 80%. The monthly payments are part of Biden’s $1.8 trillion “American Families Rescue Plan” whose goal is to lift America’s poorer families out of poverty. The effect of which will edge America’s middle-class people closer to it, as their pockets will be picked with higher taxes.
Users on Twitter complained about the exorbitant plan, one saying, ‘Printing and giving away money is going to only increase inflation even more. I know you don’t understand this but your handlers should…’
And another opined: ‘He finds more ways to waste our money!! Try encouraging work incentives.’
The plan breaks down like this: Families with children under 6-years-old will receive a monthly payment of $300 per child – equivalent to $3,600, per child – in 2021. Families with children aged between 6- and 17- will receive $250 a month, or $3,000 per child over the course of a year. Keep in mind, these figures are PER CHILD!
This plan is designed to pay parents monthly, a first. In the past, tax breaks for Americans with kids and dependents come one time a year – at tax time.
The program is slated to expire after one year, though Biden has proposed extending it through 2025. Ultimately, his goal is to make it permanent.
According to the Daily Mail, There is no indication that there is a limit on the number of children parents will receive the cash for. It also appears that each child in a family is eligible for the full amount – regardless of how many kids there are in a family.
ARTICLE SOURCE : 100PERCENTFEEDUP.COM