Millions of Americans will get a monthly stimulus checks for at least four years, if President Biden’s vision for his ‘American Families Plan’ that he just presented during Wednesday night’s joint session of Congress comes to pass.
Those checks would represent an even greater expansion of the already-expanded federal child tax credit, which was made possible by last month’s $1.9 trillion coronavirus relief legislation. The 1-year expansion of the tax credit under that bill provided for up to ($3600) in stimulus checks, spread out over monthly payments (starting this July). On Wednesday, a group of House Democrats has called on President Biden to support making these payments permanent — meaning, millions of families would get a stimulus check of at least a few hundred dollars essentially forever.