President Joe Biden is calling on Congress to raise taxes on the wealthiest Americans in order to pay for programs designed to support families and children — including two years of free community college, paid family leave, efforts to make child care more affordable and universal preschool. Biden will outline the American Families Plan in his first address to a joint session of Congress on Wednesday night. The proposal — the second phase of his plan to overhaul the U.S. economy —… Source link
Read More »$3,600 Stimulus Payments for Families to Start in July
Bloomberg FX Investors See Metals as a Way to Get In on Biden’s Trillions (Bloomberg) — As lawmakers wrangle over President Joe Biden’s latest trillion-dollar stimulus package, currency investors are already picking the winners of the infrastructure spending boom that the plan is likely to unleash.They’re focusing on countries that are major sources of the copper needed to bolster the electrical grid, the iron ore for steel rebar, and nickel for battery-powered vehicles. For those who… Source link
Read More »New monthly stimulus checks for families will start in July, IRS now says
New monthly stimulus checks for families will start in July, IRS now says As part of President Joe Biden’s $1.9 trillion COVID relief package — the new law that has been giving most Americans $1,400 stimulus checks — working families can expect to receive up to $3,600 per child for 2021. Half of that will come in the form of cash, as monthly payments due to start this summer. They’ll be another kind of stimulus check, to help millions of parents deal with basic bills or pay down debt. The… Source link
Read More »Monthly stimulus checks may be on the way for families later this year
Monthly stimulus checks may be on the way for families later this year Almost a full year into the global pandemic, families across the U.S. are struggling to make ends meet — and more children are going hungry, advocates say. To fight child poverty that has worsened during the current crisis, a proposal in Congress would temporarily increase the child tax credit in a way that would essentially provide families with another set of stimulus checks, beyond the third, $1,400 relief payments now… Source link
Read More »Families could get stimulus checks every month, starting this summer
TipRanks Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980. The biggest changes are coming from power systems and artificial intelligence. AI will bring autonomous tech… Source link
Read More »New tax rule could mean bigger tax refunds for some families, but only if they’re savvy
TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link
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