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Millions of American families are about to get cash in their pockets

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From next month, around 36 million American families are due to begin receiving payments totalling up to $1800 through to December this year.

Lawmakers have temporarily expanded the Child Tax Credit (CTC) available to families with children in 2021.

Known as the enhanced Child Tax Credit, it was signed into law by President Joe Biden as part of the American Rescue plan.

The efforts will increase the previous $2,000 annual tax credit to $3,600 per child, with half being paid in cash instalments and the rest claimed on 2021 tax returns.

Families will get monthly payments of up to $300 for each child 6 years old and under and up to $250 for each child 6 to 18 years old.

These funds can help parents afford necessities like diapers, school supplies, and food. But this increase in the CTC payments has only been approved for 2021.

The Biden administration has also proposed to extend this new cash-back system for five years if successful.

An estimated 90 percent of children in the United States will automatically get the CTC. Even if a parent is making little to no income, they can still be eligible for the new CTC.

Meanwhile, Vice President Kamala Harris says residents need to “spread the word”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Can U.S. Moon lander Odysseus recover from it’s dormancy?

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The U.Ss moon lander Odysseus has gone dormant just a week after its somewhat lopsided touchdown on the lunar surface.

The mission, which aimed to conduct various experiments and collect valuable data, encountered an unexpected setback as the spacecraft’s systems initiated a dormant state.

Engineers and scientists at the space agency are working around the clock to analyze the situation and determine the cause of this unforeseen development.

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Trump wins disqualification case at U.S. supreme court

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Former President Donald Trump has emerged triumphant in the Colorado ballot disqualification case, as the United States Supreme Court upheld the decision in his favour.

The ruling marks the conclusion of a contentious legal battle that began when Colorado sought to disqualify Trump from its ballot during the previous election.

The Supreme Court, in a close decision, sided with Trump, asserting that the grounds for disqualification lacked substantial evidence and did not meet the necessary legal criteria. #ticker today #featured

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Gen AI is here to stay—so, what skills do you need to remain relevant in the job market?

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Artificial Intelligence has profoundly changed the work force over the last year.

With the rapid adoption of the new technology, experts say employees can keep up with the demands of the changing landscape by learning how to ‘upskill’ or ‘reskill.’

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #ai #technology #leadership #jobs

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