By Tami Luhby, CNN
The families of more than 65 million children will start receiving enhanced child tax credit monthly payments of up to $300 on July 15, the Biden administration announced Monday.The temporary benefit, which will be sent to 39 million households and covers 88% of children in the US, stems from the Democrats’ $1.9 trillion coronavirus rescue package. The vast majority of families will receive the funds via direct deposit, while the rest will get checks or debit cards in the mail.
