Tag: parents

$1,400 stimulus payments plus $300 monthly checks for parents in relief plan is ‘critical’: professor [Video]

The House of Representatives passed President Biden’s $1.9 trillion stimulus plan on March 10. The legislation, called the American Rescue Plan, will head to the president’s desk for his signature on Friday in a final step before becoming law.

While most Americans are focused on getting their $1,400 stimulus checks, it’s the extension of the child tax credit in the relief legislation that really stands out as revolutionary policy, according to Pamela Stone, professor of sociology at Hunter College and Graduate Center, City University of New York, and author of the books “Opting Out” and “Opting Back In.”

The relief

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‘Someone needs to help parents control their kids’ spending’

The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Louise Hill, founder of GoHenry, a banking business that provides debit cards for children.

Standing on the touchline as her son played football, Louise Hill started moaning about how her kids’ spending habits were spiralling out of control.

At the time her son was eight and her daughter was 11. Louise was so frustrated by how much they were buying online that she would pin Apple invoices to the fridge door to help her kids understand why their £4 a week

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