American rescue plan

The third batch of monthly child tax credit payments will be distributed to millions of eligible American families beginning this week.

The hundreds of dollars a month from child tax credit payments could go a long way – you could use it for expenses now or even prevent credit card debt during the holiday season. Personal finance expert Catherine Alford discusses the options.

The Internal Revenue Service has begun sending letters to more than 36 million American families that are eligible for an expanded child tax credit, with payments set to begin this month.

Some states are making plans to spend billions of dollars from President Joe Biden’s pandemic relief act, though the money has yet to arrive.

President Joe Biden stopped at Taqueria Las Gemelas in Washington, D.C., on Wednesday to order takeout in honor of Cinco de Mayo. The lunch run was part of the president’s efforts to highlight his administration’s push to help restaurants struggling from the pandemic.

The Agriculture Department told NBC News that the Biden administration is poised to announce the largest summer food program in U.S. history, which will feed 30 million low-income children.

In a speech given from the White House on Monday, President Joe Biden said that America will reach 100 million coronavirus vaccine doses and 100 million direct relief payments from the American Rescue Plan within 10 days.

From a vaccination site in the desert West to a school on the Eastern Seaboard, President Joe Biden’s top messengers have led off an effort to highlight the benefits of his huge COVID relief plan

The House is expected to vote on a $1.9 trillion COVID relief bill that includes billions in relief money for states, local governments, schools, vaccines and small businesses. The bill includes a $1,400 for low and middle-income families, as well as up to an additional $300 per child.

The $1.9 trillion federal pandemic relief package is expected to make its way through the House and hit President Joe Biden’s desk soon. It includes plans for direct payments to most Americans, aid to small businesses, financial help for schools and much more to help the country recover from the financial ravages of the pandemic. But when will the benefits...