Child Tax Credit Payments Start Hitting Parents' Bank Accounts
In order for families to qualify, single taxpayers must make $75,000 or less, and married couples filing taxes jointly must make $150,000 or less.
Watch CBS News
In order for families to qualify, single taxpayers must make $75,000 or less, and married couples filing taxes jointly must make $150,000 or less.
The House approved the final version of President Biden's $1.9 trillion coronavirus relief bill on Wednesday, handing the new president a significant legislative victory as he works to stabilize an economy still struggling to rebound from the depths of the COVID-19 pandemic.
The COVID-19 pandemic has resulted in millions of Americans losing their jobs. Some have even able to re-enter the workforce, but experts say one group is especially struggling to do so.
President Biden signed two executive orders on Friday, one of which would increase federal food assistance and streamline the delivery of stimulus checks, as the president attempts to stabilize the economy without congressional assistance amid the fallout from the coronavirus pandemic.
The COVID relief bill sets aside $600 for Americans struggling through this pandemic.
House Republicans on Thursday blocked a bill by Democrats to provide direct checks of $2,000 to individuals on Thursday, after President Trump called on Congress to amend a newly passed coronavirus relief bill to increase direct payments to $2,000, with $4,000 for a couple.
Hundreds of dollars could be coming to the bank accounts of millions of Americans as early as next week.
Congressional leaders on Sunday reached a deal on a $900 billion COVID-19 economic relief package that includes $600 direct payments to Americans.
New York State and New York City seem to be in line for billions of dollars in federal aid contained in the new stimulus bill being negotiated in Washington — money that will help with looming COVID related related budget deficits.
Senate Democrats on Wednesday blocked a $500 billion coronavirus relief bill proposed by Republicans, while talks continue over a larger package with dimming prospects of passing before the election.
President Trump shut down negotiations between the White House and House Democrats over a new coronavirus relief bill, sending stocks tumbling with a series of tweets announcing he had "instructed my representatives to stop negotiating until after the election."
The $1,200 checks were issued in the spring, but the IRS used tax return data to process the checks, and many Americans don't file a return.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.
Time is running out on a stimulus package passing before the election, even as the need for another stimulus check and additional unemployment payments remains strong.
Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
De Blasio spoke about the $600 weekly unemployment benefit that is set to expire Friday, and criticized the Senate majority for blocking a stimulus bill that he believes is desperately needed.
The mayor said first responders are left wondering if they're going to still have a job in a few months.
Treasury Secretary Steven Mnuchin announced Thursday that the White House and Senate Republicans have reached a "fundamental agreement" on their opening offer, CBS News reports.
The IRS has launched a website that gives you the ability to track the status of your economic stimulus payment from the federal government during the coronavirus pandemic.
The first batch of stimulus checks — or "economic impact payments," as they are officially known — started hitting consumers' bank accounts on Saturday, the Internal Revenue Service has told CBS News.
While Paul Ryan is entitled to his own opinions, he is not entitled to his own facts. He lied to America about Medicare. He lied to America about the debt commission. He really lied to America about the stimulus and America's debt rating.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to "hit bottom" and letting Detroit go bankrupt.
The weatherization program is designed to residents save on energy costs through the installation of insulation, sealing ducts and stopping heat loss through leaky windows and doors.
The agency will pay nearly $6.8 million to a Bergen County-based firm for the vans, minivans and minibuses. The cost will mostly be covered by federal stimulus money and various federal grants.
The mayor of Jersey City speaking out against ICE action in his city.
The NYPD and the family of Jabez Chakraborty, the Queens man who was shot by police, believe the 911 call proves two different things.
The Rangers traded star winger Artemi Panarin to the Kings on Wednesday, just minutes before the NHL Olympic roster freeze.
Frank Reich and Aaron Glenn are teammates again with the New York Jets, looking to turn around the fortunes of a frustrated franchise.
New York Gov. Kathy Hochul has tapped former New York City Council Speaker Adrienne Adams as her running mate in her 2026 reelection bid.
The NYPD and the family of Jabez Chakraborty, the Queens man who was shot by police, believe the 911 call proves two different things.
The Rangers traded star winger Artemi Panarin to the Kings on Wednesday, just minutes before the NHL Olympic roster freeze.
New York Gov. Kathy Hochul has tapped former New York City Council Speaker Adrienne Adams as her running mate in her 2026 reelection bid.
The states of New York and New Jersey are suing the Trump administration in a high-stakes showdown over the future of rail travel in the Tri-State Area.
A group of senior dancers aged 70 and up shine on stage at the Korean Community Services' center in Queens. They practice in Flushing twice a week and perform at events citywide.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
Forecasters are watching for a chance of snow this weekend in New York and New Jersey as harsh winter weather conditions continue.
The First Alert Weather Team is tracking a storm that could bring snow to the New York and New Jersey area. Frigid temperatures will last throughout the week.
Although the snowstorm has passed, the cold weather will linger with temperatures below freezing each day.
The mayor of Jersey City speaking out against ICE action in his city.
The states of New York and New Jersey are suing the Trump administration in a high-stakes showdown over the future of rail travel in the Tri-State Area.
New Jersey has a few programs that can help residents set up payment plans as they deal with skyrocketing utilities bills.
Dozens of residents of a New Jersey nursing home had to be evacuated Tuesday due to a serious water issue.
The Gateway Development Commission is suing the federal government for withholding funding for the critical tunnel project linking New York and New Jersey. Construction will be halted if funding doesn't resume, officials said.
More than 300 kilos of cocaine were seized in Nassau County in one of the largest drug busts ever on Long Island, officials said Tuesday.
Nassau County Police Officer Patricia Espinosa was killed Saturday in a car crash on Long Island.
The offshore wind project aimed at powering 600,000 New York homes can resume construction off Long Island, a federal judge ruled.
Authorities say online threats like sextortion are exploding, with predators increasingly pushing violence.
An off-duty Nassau County police officer was killed in a car crash with an alleged drunk driver Saturday morning, police say.
The NYPD and the family of Jabez Chakraborty, the Queens man who was shot by police, believe the 911 call proves two different things.
New York Gov. Kathy Hochul has tapped former New York City Council Speaker Adrienne Adams as her running mate in her 2026 reelection bid.
The states of New York and New Jersey are suing the Trump administration in a high-stakes showdown over the future of rail travel in the Tri-State Area.
Hundreds of people came together in Rockland County on Tuesday night to voice their opinions over a possible change to how county employees interact with U.S. Immigration and Customs Enforcement.
The NYPD on Tuesday released video of the recent police shooting of a man wielding a knife. Mayor Zohran Mamdani said it makes the case to change the way the city responds to mental health calls.
In New Jersey, nearly half a million people lost enhanced Affordable Care Act tax credits this year, but the impact goes far beyond those who got the credits.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses returned to the bargaining table Thursday, the New York State Nurses Association said.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Two-for-one tickets are returning for New York City's Off-Broadway Week.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Popular singer-songwriter Noah Kahan will be bringing his tour to New York City this summer. "The Great Divide" tour will stop at Citi Field on July 18.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The Rangers traded star winger Artemi Panarin to the Kings on Wednesday, just minutes before the NHL Olympic roster freeze.
Frank Reich and Aaron Glenn are teammates again with the New York Jets, looking to turn around the fortunes of a frustrated franchise.
American athletes are preparing for the 2026 Milano Cortina Winter Olympics. These are some of the top Team USA competitors to watch.
Bo Horvat scored his second goal of the game 52 seconds into overtime and the Islanders beat the Penguins 5-4 on Tuesday night.
Mathieu Olivier scored twice in the third period, and Elvis Merzlikins made 23 saves for his first shutout of the season as the Blue Jackets beat the Devils 3-0 on Tuesday night.
A group of senior dancers aged 70 and up shine on stage at the Korean Community Services' center in Queens. They practice in Flushing twice a week and perform at events citywide.
A flooded manhole has turned a loading dock into an ice rink in Queens.
Jamaica Colosseum Mall is set to close for good on Jan. 31.
A volunteer effort launched during the winter storm paired younger residents with elderly homeowners, offering snow removal assistance while creating new community ties across generations.
A home-visit initiative in Brooklyn connects aging Holocaust survivors with social workers as war abroad and antisemitism at home reopen old wounds.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Wednesday was National Girls and Women in Sports Day, and in Downtown Brooklyn, it was all about giving girls the ball and the confidence to run with it. CBS News New York's Hannah Kliger reports.
The men working on the project could be out of a job as soon as Friday unless President Trump and his administration relents. They are terrified about what the future holds. CBS News New York's Marcia Kramer reports.
The governor has tapped former New York City Council Speaker Adrienne Adams, creating the first all-female major party ticket. CBS News New York's Marcia Kramer reports.
Army Staff Sgt. Michael Ollis was killed in action nearly 16 years ago. On Wednesday, his family got a call from President Trump saying he is to receive the Congressional Medal of Honor. CBS News New York's John Dias reports.
The NYPD and the family of Jabez Chakraborty, the Queens man who was shot by police, believe the 911 call proves two different things. CBS News New York's Doug Williams reports.
