wealth tax

Fourth stimulus check live updates: COLA 2022 benefits, Medicare, Child Tax Credit…

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CHILD TAX CREDIT

Can a Government Shutdown affect child tax credits payments?

In September, when the federal government was barreling towards a shutdown the White House advised that federal agencies begin to plan for a lapse in funding. For many, this involved updating their lapse in allocations “contingency plans,” which outline which functions will continue to be carried out during a government shutdown.

While the September shutdown was averted, lawmakers only passed a spending bill through 3 December, meaning that once again agencies are preparing for possible closure.

Senate Minority Leader Mitch McConnell has said that the public should not worry about a government shutdown and that he is confident he and Senate Majority Leader Chuck Schumer will reach a deal. However, some Republicans have said publically this week that they want to drive the government into a shutdown to avoid the implementation of vaccine mandates.

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