What is unclear is if parents will receive any sort of back pay for months of the credit where it is missed. If they are able to do so, the payments should once again resume. However, members of Congress and the President still have hope they will be able to convince Manchin to come to their side and get the bill passed in the new year. While a one-year extension of the credit, which saw advanced payments of $300/month for children under age 6 and $250/month for children age 6-17, was a part of President Joe Biden’s proposed Build Back Better Plan, the reconciliation bill was squashed in the Senate after Senator Joe Manchin (D-W.Va.), stated he would not vote with his party to approve the legislation. Unfortunately, the Expanded Child Tax Credit that many parents looked forward to on a monthly basis from July-December 2021 is not currently expected to happen in 2022. Here’s a look at every form of stimulus aid that is on tap for the new year. The federal government has not signaled plans to send out any additional stimulus checks in 2022, but there will be some aid that could still happen to ease the burden families may be facing. As they face growing inflation and fears of new shutdowns, the call for stimulus aid has continued to grow. A new year and another new variant driving up COVID-19 infections are upon us, and with the pandemic seemingly nowhere near its end right now, many Americans are understandably concerned and worried about what it means for their future.
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