Stimulus update: Here’s how much money families can expect to get through December

bgrpro65 août 19, 2021

By way of a new stimulus update, here's the result of some pretty easy math that will let families with eligible children know the minimum amount of federal cash they can expect to receive between now and mid-December. It's cash that, specifically, is the result of an expanded federal child tax credit, money that's being sent out monthly to tens of millions of families thanks to the March $1.9 trillion stimulus law. And here's the figure to remember: $1,000.

That's the absolute, bare minimum that families with eligible children can expect to receive through December from the four remaining monthly federal child tax credit payments. Which, we should add, are currently scheduled to end on December 15. It's $1,000 in total, by the way. Not from each check. And here's how we arrive at that minimum figure.