Treasury Department

Treasury Department @USTreasury

The Financial Literacy and Education Commission (FLEC) will host a public meeting on May 26, 2021. @SecYellen and @TreasuryDepSec will lead the meeting, which will feature a panel of experts in the field. Read more and find the webcast link here: https://t.co/hgyHHEUW6a — PolitiTweet.org

Treasury Department @USTreasury

A great event outside the Treasury building for the #ChildTaxCredit with @CommChangeAct and @SPACEsInAction who made it happen! https://t.co/phY9mULkI9 — PolitiTweet.org

Treasury Department @USTreasury

To celebrate #TaxDay, @CommChangeAct stopped by the Treasury building to make sure everyone gets a piece of the pie with the #ChildTaxCredit expansion. https://t.co/iS54HupWQL — PolitiTweet.org

Treasury Department @USTreasury

The Child Tax Credit expansion: ⬆️Increases the credit amount ✅ Makes the credit fully refundable ↔️ Splits part of the payment into monthly instalments instead of just a yearly lump sum ✅Helps cut child poverty in half 💯Invests in the wellbeing of our children — PolitiTweet.org

Treasury Department @USTreasury

.@IRSNews is setting up an online portal where people can opt out of receiving the monthly payments & a portal where people who don’t typically file tax returns can give the IRS info to start getting CTC payments. Updates will be posted to https://t.co/qKWfws2tPQ before July 15. — PolitiTweet.org

Treasury Department @USTreasury

‼️ Attention Families: To start receiving these payments in July, please file your taxes by TODAY or request an extension. Many families who were not eligible for the Child Tax Credit previously are eligible now under the American Rescue Plan expansion ‼️ https://t.co/4XyqcsG0wp — PolitiTweet.org

Treasury Department @USTreasury

RT @WhiteHouse: Monthly payments to 39 million households — covering 88% of children in the U.S. — will start going out on July 15th, thank… — PolitiTweet.org

Treasury Department @USTreasury

RT @econjared: When @POTUS says “For working families with children, this tax cut sends a clear message: Help is here,” he's not being abst… — PolitiTweet.org

Treasury Department @USTreasury

Treasury also announcing sanctions on governing body, officials, and family members connected to Burma’s military regime. https://t.co/4xgqxhCTK3 — PolitiTweet.org

Treasury Department @USTreasury

New Treasury sanction announcements: Three individuals and one company are being designated today for playing a crucial role in connecting ISIS with a network of international donors and enabling ISIS to access the financial system in the Middle East. https://t.co/KYdG9uOqN3 — PolitiTweet.org

Treasury Department @USTreasury

RT @econjared: When @POTUS says “For working families with children, this tax cut sends a clear message: Help is here,” he's not being abst… — PolitiTweet.org

Treasury Department @USTreasury

Reminder to file your 2020 return if you might be eligible to receive the Earned Income Tax Credit (EITC), Recovery Rebate Credit (if you’re due a stimulus payment but haven’t received it), or expanded Child Tax Credit (monthly payments for families caring for children). — PolitiTweet.org

Treasury Department @USTreasury

Find more info about the Child Tax Credit from @IRSnews here: https://t.co/hb8ogEdOrC And read about Treasury's work to quickly disperse these CTC payments here: https://t.co/WRLyQ9eclY — PolitiTweet.org

Treasury Department @USTreasury

Eligible families will receive a payment of up to $300 per month for each child under age 6, & up to $250 per month for each child age 6 and above. Households will receive the monthly payments through direct deposit, paper check, or debit cards. — PolitiTweet.org

Treasury Department @USTreasury

Payments will be made on the 15th of each month, unless the 15th falls on a weekend or holiday, allowing families who receive the credit by direct deposit to plan their budgets around receipt of the benefit. — PolitiTweet.org

Treasury Department @USTreasury

The ARP increased the max Child Tax Credit in 2021 to $3,600 for children under the age of 6 and to $3,000 per child for children between ages 6 and 17. ARP is projected to lift more than 5 million children out of poverty this year, cutting child poverty by more than half! — PolitiTweet.org

Treasury Department @USTreasury

NEW: The first monthly payment of the expanded and newly-advanceable Child Tax Credit (CTC) from the American Rescue Plan will be made on July 15. Roughly 39 million households—covering 88% of children in the US—are slated to begin receiving monthly payments automatically. — PolitiTweet.org

Treasury Department @USTreasury

Small and mid-sized employers can claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to employees due to COVID-19 through the end of September. Find more info about the Paid Leave Credit on our website: https://t.co/q3dqN5MUE5 — PolitiTweet.org

Treasury Department @USTreasury

The American Rescue Plan made changes to the Paid Leave Credits that help small-businesses offer paid time off for employees to get vaccinated, & if needed, recover from the vaccination, in addition to take time off for COVID-related reasons (illness, quarantine, caregiving). — PolitiTweet.org

Treasury Department @USTreasury

No one should have to miss a single dollar out of their paycheck to take time to get the COVID vaccine. @TreasuryDepSec spoke w/ a small-business owner about using the #PaidLeave Credit to get reimbursed for vaccination & COVID-related time off. https://t.co/FlYnsXXXvV — PolitiTweet.org

Treasury Department @USTreasury

"This moment requires unprecedented global cooperation, and a shared sense of urgency and commitment. We must work together." Read @SecYellen's full remarks to the Vatican's Pontifical Academies of Sciences and Social Sciences here: https://t.co/78sueAkWvG — PolitiTweet.org

Treasury Department @USTreasury

RT @WhiteHouse: Big news from the CDC: If you’re fully vaccinated, you do not need to wear a mask – indoors or outdoors, in most settings.… — PolitiTweet.org

Treasury Department @USTreasury

The allocations in the Housing Assistance Fund work in tandem with the Emergency Rental Assistance Program and our work with @HUDgov and the @WhiteHouse American Rescue Plan team. Find out more about these important housing and rental programs at https://t.co/WfkH9JLX6k — PolitiTweet.org

Treasury Department @USTreasury

The Housing Fund provides: -A minimum of $50 million for each state, DC & Puerto Rico -$498 million for Tribes and the Dept of Hawaiian Home Lands -$30 million for the territories of Guam, American Samoa, the U.S. Virgin Islands, & the Commonwealth of the Northern Mariana Islands — PolitiTweet.org

Treasury Department @USTreasury

Part of the American Rescue Plan, the Housing Assistance Fund was designed to prevent mortgage delinquencies & defaults, foreclosures, loss of utilities or home energy services, & displacement of homeowners experiencing financial hardship due to the COVID-19 public health crisis. — PolitiTweet.org

Treasury Department @USTreasury

"Treasury is focused on ensuring the American economy recovers from the devastation of the COVID-19 crisis, including providing relief for our country’s most vulnerable homeowners facing the loss of basic housing security through no fault of their own." - @TreasuryDepSec — PolitiTweet.org

Treasury Department @USTreasury

"There are +3 million homeowners behind on mortgage payments, & the pandemic has exacerbated the country’s already severe housing affordability crisis." @TreasuryDepSec To combat this, we've distributed $742 million to 42 states & 3 territories w/ the Homeowner Assistance Fund. — PolitiTweet.org

Treasury Department @USTreasury

RT @IRSnews: The Employee Retention Credit is available to eligible employers under the American Rescue Plan Act of 2021 for wages paid dur… — PolitiTweet.org

Treasury Department @USTreasury

Find helpful info about claiming the Recovery Rebate Credit if you aren’t required to file a tax return, and other ways to make sure you get the payments you qualify for, here: https://t.co/UFdmKuODLx — PolitiTweet.org

Treasury Department @USTreasury

IRS continues to urge people who don’t normally file a tax return & haven’t received Economic Impact Payments to file a 2020 tax return to get all the benefits they’re entitled to, including the 2020 Recovery Rebate Credit, the Child Tax Credit, & the Earned Income Tax Credit. — PolitiTweet.org