
Here are the key retirement provisions in the $3.5 trillion reconciliation bill
Reuters
Biden’s child tax credit pays big in Republican states, popular with voters
WASHINGTON (Reuters) -A one-year expansion of the U.S. child tax credit, a policy championed by President Joe Biden and his fellow Democrats over Republican opposition, has disproportionately benefited states that voted for former President Donald Trump in 2020, a Reuters review of Treasury Department data has found. Congressional Democrats are now seeking to extend the expansion for four additional years as part of $3.5 trillion social spending legislation opposed by Trump’s fellow Republicans. The one-year expansion – part of COVID-19 pandemic relief legislation https://www.reuters.com/article/us-health-coronavirus-usa-congress/bidens-1-9-trillion-covid-19-bill-wins-final-approval-in-house-idUSKBN2B215E signed by Biden in March, is expected to funnel $105 billion to American families, many still hurting from the economic effects of the public health crisis.