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The Biden administration announced Monday it is kickstarting the first advanced payments of the child tax credit on July 15. Democrats have touted it as a key part of President Joe Biden’s stimulus law and it’s poised to benefit the vast majority of American children.

The Treasury Department and IRS announced they would start issuing the payments on July 15 and continue them on the 15th of each month, unless it falls on a holiday.

“The American Rescue Plan is delivering critical tax relief to middle class and hard-pressed working families with children. details ⇒

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