– Social Security users should receive information about their COLA hike for 2022 in the mail soon.
– The number of job opportunities in the United States has surpassed 11 million.
– Democrat Senator Joe Manchin describes the continuation of the Child Tax Credit as a “work in progress.”
– The unemployment rate fell to 4.2 percent in November after 210,000 new jobs were added.
– In order to pass the Build Back Better bill, President Biden is seeking assistance from holdout Democrats.
– As prices climb, more people are calling for a fourth stimulus check before the holidays.
Child Tax Credit – Biden faces a fight to extend the Child Tax Credit.
– On December 15, the IRS will send out the final Child Tax Credit payment for the year 2021.
In 2021, what is the deadline for claiming stimulus check plus-up payments?
– The Senior Citizens League is urging Congress to give Social Security recipients an extra stimulus payment.
– In the United States, certain states may issue a fourth stimulus check to their residents.
In 2021, how many Social Security payments are still due?
– Local Social Security offices will be closed.
– In 2022, what is the maximum Social Security benefit?
– What is the increase in benefits due to the 5.9% COLA increase?
Unemployment in the United States – Here’s the lowdown on the country’s natural unemployment rate.
The time is running out to extend the increases to the Child Tax Credit for 2021.
The adjustments to the Child Tax Credit made in the American Rescue Plan for the 2021 fiscal year will expire at the end of December if nothing is done. This includes a significant increase in the amount of money that families can claim, as well as making the credit entirely refundable and establishing an advance payment plan.
After including a multi-year extension in the Build Back Better plan, Democrats were forced to compromise for a one-year extension in order to keep the total package’s cost down. The bill passed the lower chamber, but senators are currently debating specific provisions in the hopes of reaching an agreement before Christmas.
Senator Joe Manchin, one of the biggest holdouts, has expressed misgivings about that schedule.