Families Could Start Getting Stimulus Checks Every Month, Starting This Summer

By Joshua Summers First Posted: Feb 14, 2021 03:11 AM EST

(Photo : Doug Mills)
U.S. President Joe Biden speaks as he meets with Senators from both parties on the critical need to invest in modern and sustainable American infrastructure in the Oval Office of the White House on February 11, 2021 in Washington, DC.

The pandemic that COVID-19 has caused has wreaked havoc not only on every American's health but also on their financial needs due to the lockdown it caused and sudden pause on the workforce. Because of this, families are affected, especially those who have children with them.

Now, the new administration will solve the problem through a proposal to Congress that will temporarily heighten the child tax credit that will provide families with another batch or wave of stimulus checks.

Vox reported that the Biden administration and their allies in Congress are pushing for a new round of $1,400 checks to all but the richest of the Americans. They add that the $1,200 checks sent as a part of the massive relief package in early 2020 are genuinely unprecedented in American history.

Recent stimulus checks package

According to Yahoo! Finance, Biden originally proposed enhancing the current child credit in making sure that families receive at least 3,000 dollars for each child who is under the age of 17 years old and 3,600 dollars for those who have the age under six years annually.

Meanwhile, parents will receive $250 per child and $300 for kids under six years, every month for six consecutive months.

CNBC notes Biden's statement from his transition in Delaware, saying that the crisis of human suffering is in plain sight and there is no time to waste, exclaiming that people should act now. The other stimulus checks may cover the vital and essential needs like rent and food.

Qualifications for stimulus checks

The current child tax credit is worth $2,000 per child at 17. But for lower-income households, up to $1,400 of the credit is refundable, noting that the income should be at least $2,500 to avail of the refund. They add that the House version from the Biden administration's COVID rescue bill does not only heighten the amount families will be receiving but make the entire credit fully refundable, including the 17 years old.

Most importantly, the IRS will base eligibility on the most recent tax return in their system, which will be the 2019 return for taxpayers who delay getting their return in soon.

The COVID-19 pandemic has taken so much toll on humanity. It is not beyond the knowledge that every family's essential comes at a cost, and the lack of resources fails to suffice those needs.

With the stimulus checks that will be given away, everyone will be given access to avail what they need and support the children in every family is growing amid the notorious pandemic that caused the globe to take massive economic damages. We can't wait to see further help from the federal government, especially since the new administration has taken charge.

WATCH: Biden Assures His Covid Relief Plan Will Include More Stimulus Checks from NBC News