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The act would directly send $1,200 per month to each adult – and $600 per month to each child – through cash payments.
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Children would be automatically enrolled at birth, and each family would receive a monthly payment.
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Families that make less than $50,000 will be given $1,000 per child through the State Child Tax Credit.
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The scheme will help families cover childcare costs by extending the Child and Dependent Care Credit.
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Families will receive up to $4,000 per child under age 5 for childcare, up to a maximum of $10,500.
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Next steps