Live updates: Regulators tell Biden that the financial system is in ‘strong condition,’ White House says

The plan has expanded the child tax credit to give parents $3,000 per year per child between the ages of 6 and 17. For children under age 6, the credit is $3,600. Couples living in households with annual incomes below $150,000 and single parents making less than $112,500 are eligible for the credit. Income earners who file taxes will automatically receive the payments, Biden said.

Source: WP