Fourth live updates of the stimulus check: COLA 2022 benefits, Medicare, tax credit for children … – Nach Welt

“We’ll be going back to scraping every month”

NBCs Today-Show spoke to Households affected by the imminent end of the monthly child tax deduction paymentthat expire at the end of the month.

“Sending two children to daycare costs a little more than our mortgage every month,” said Ryan Egnaczyk, father of two. “The reassurance of the past few months, knowing that I can use the child tax deduction to pay our mortgage and relieve daycare and other expenses, has been so positive, especially in these uncertain times. “

Meanwhile, Brian Russel, who has three children, said, “If the money goes away, We’ll start scratching every month as we try to dig back out of the hole the pandemic put us into.

I’m really mentally and emotionally not ready to go back to a living paycheck … We’re not even the worst, and we will definitely feel it. It will leave a $ 800 hole in our budget. “

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Reference-www.nach-welt.com

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