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Vance wants to expand child tax credits, but it could cost the budget a whopping $2,000 — CBS Jay Vance says it's time to expand the Child Tax Credit (CTC) in the U.S. from $2,000 to $5,000. Experts say such an innovation would cost the budget an additional $1 trillion. However, Vance did not specify, analysts say, how exactly the increased benefit will be reimbursed - in full or in part, as it happens now. In the former case, says Mark Goldwein - an expert on the federal budget - America would need to borrow an additional $2-3 trillion. Plus, Vance wants the benefits to apply to absolutely all American families, regardless of income. Under current rules, there are limits. The $2,000 benefit is now available to single parents whose income doesn't exceed $200,000. For a married couple, the amount increases to $400k. #Vance #CTC #TaxCuts #CryptoMarketMoves #MarketDownturn
Vance wants to expand child tax credits, but it could cost the budget a whopping $2,000 — CBS

Jay Vance says it's time to expand the Child Tax Credit (CTC) in the U.S. from $2,000 to $5,000. Experts say such an innovation would cost the budget an additional $1 trillion.

However, Vance did not specify, analysts say, how exactly the increased benefit will be reimbursed - in full or in part, as it happens now. In the former case, says Mark Goldwein - an expert on the federal budget - America would need to borrow an additional $2-3 trillion.

Plus, Vance wants the benefits to apply to absolutely all American families, regardless of income. Under current rules, there are limits.

The $2,000 benefit is now available to single parents whose income doesn't exceed $200,000. For a married couple, the amount increases to $400k.

#Vance #CTC #TaxCuts #CryptoMarketMoves #MarketDownturn
Last Saturday there was blood in the market, this Saturday everything is green. #BTC I cover another part of the position + 188% (and almost + 8% on the spot), as I see a clear five-wave, and there is a possibility that a correction will follow + reached the upper limit of a small downward channel + hit horizontal volumes. In any case, we still fix the profit, the stop can be placed under the 4th wave, who trades more conservatively. And we observe the reaction at the resistance ~$26.8k. #CRO $ fixed 1 take +30%, #CTC $ fixed a part of +55%, #IOTA $ entered a trade on a postponement +54%, fixed a position on SUI (in the next post). Have a great weekend everyone.
Last Saturday there was blood in the market, this Saturday everything is green. #BTC I cover another part of the position + 188% (and almost + 8% on the spot), as I see a clear five-wave, and there is a possibility that a correction will follow + reached the upper limit of a small downward channel + hit horizontal volumes. In any case, we still fix the profit, the stop can be placed under the 4th wave, who trades more conservatively. And we observe the reaction at the resistance ~$26.8k.
#CRO $ fixed 1 take +30%, #CTC $ fixed a part of +55%, #IOTA $ entered a trade on a postponement +54%, fixed a position on SUI (in the next post).
Have a great weekend everyone.
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