Stimulus Update: Child Tax Credit in the Middle of New Congressional Deal Making

In total, Republicans are looking for approximately $50 billion in corporate tax cuts. According to Bloomberg News, a group of House Democrats is asking party leaders to negotiate corporate tax breaks only if Republicans will agree to extend the expanded Child Tax Credit and EITC. If you have eligible dependents living in your home, reinstating the expanded Child Tax Credit means you may once again have extra money deposited into your bank account each month to support those dependents.