(AmericanProsperity.com) – Over the past year, the Left has used COVID-19 to push its radical agenda, introducing things such as the stimulus packages and insane tax credits. Now, Speaker of the House Nancy Pelosi (D-CA) wants to make these socialist programs permanent.
On Tuesday, May 11, Pelosi spoke at a virtual event, declaring that Democrats want to extend the current child tax credits to be paid out this summer. As it stands, low-income households with children under the age of 18 will receive payments based on their last filed taxes, shared here by WEAR ABC 3:
Some families will get monthly payments of $250 to $300 per child starting this summer. The change also allows 17-year-olds to qualify for the first time.
— WEAR ABC 3 (@weartv) May 6, 2021
Currently, Biden supports extending the credits through 2025, although Pelosi highlighted that the Left wants more than that. She believes making the credits permanent would help end child poverty and thus save America money in the long run. However, the Speaker failed to touch on how to pay for such an insane idea and what the debt would do to an already overburdened nation.
~Here’s to Your Prosperity!
Copyright 2021, AmericanProsperity.com