Consider the Smiths, a hypothetical family of four with two adults and two children, 7 and 10. Provided they met the income criteria for stimulus checks, the Smiths would have received $2,400 in January from the second round of payments: $600 for each adult and each of the kids.

If Congress passes the current aid bill and Biden signs it, the family would get another $1,400 per person, for a total of $5,600. Add that to the $2,400 from earlier in the year, and you get a total of $8,000 in stimulus checks for the household.

Another part of the president's COVID rescue package boosts the child tax credit to give low- and moderate-income families $3,000 for each child between the ages of 6 and 17 for 2021. Half that money would be paid out in monthly installments (a different kind of "stimulus check") during the second half of the year.

So, the Smiths would receive an additional $6,000 for the kids — for a grand total of $14,000 in government relief this year.
https://www.yahoo.com/finance/news/s...010000221.html

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