Boosted unemployment benefits and guaranteed paid sick leave programs have also expired.
President Joe Biden and Sen. Joe Manchin are said to be sharply divided over the expansion of the child tax credit.: Eligible families received a total of nearly $93 billion in monthly installments this year as part of the enhanced child tax credit. But the final payments were distributed on December 15.
In total, the expanded credit provides up to $3,600 for each younger child and up to $3,000 for each older one. The Shuttered Venue Operators Grant program has also stopped taking new applications, but remains open for recipients seeking a second grant. It has disbursed more than 21,300 grants, totaling $13.5 billion.
Households are eligible for the money if they experienced financial hardship due to the pandemic, have incomes at or below 80% of their area median income, can demonstrate risk of experiencing homelessness, or already qualify for unemployment benefits. The enhanced assistance, created as part of the American Rescue Plan Act, has helped attract a record number of consumers to the Obamacare exchanges. So far, more than 13.6 million people have selected plans for next year. Open enrollment ends January 15.
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