The Biden administration is planning to drastically expand the nation’s welfare state through increased child allowance grants quietly added into the latest stimulus, which some experts say is a move toward universal basic income.
As part of the $1.9 trillion COVID-19 relief package, the annual child tax credit was increased to $3,000 per child from ages 6 to 17, and $3,600 for children under 6. It will be made fully refundable, and payable in monthly installments of $300.