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.
Karl-Anthony Towns scored 25 points, Jalen Brunson had 20 and the Knicks erased an 18-point, fourth-quarter deficit and beat the Rockets 108-106 on Saturday.
Bryce Hopkins had 15 points and 10 rebounds as No. 17 St. John's breezed past Creighton 81-52 on Saturday
New York City is facing a blizzard warning for the first time since 2017, Hochul said.
Officials across the Philadelphia area are urging you not to drive on the roads during the upcoming blizzard warning.
With a potential blizzard coming to New York City, Mayor Zohran Mamdani gave an update on how the city is gearing up for the next snowstorm.
Bryce Hopkins had 15 points and 10 rebounds as No. 17 St. John's breezed past Creighton 81-52 on Saturday
New York City is facing a blizzard warning for the first time since 2017, Hochul said.
With a potential blizzard coming to New York City, Mayor Zohran Mamdani gave an update on how the city is gearing up for the next snowstorm.
A fight inside a Queens sports bar turned deadly when a man was shot and killed during the melee overnight, New York City police said.
Sweetbriar Nature Center has been working around the clock to save starving, freezing and injured animals amid the harsh winter weather.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
Four people were arrested for a home invasion that shut down two schools in Fairfield, Connecticut Thursday morning.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
An air quality alert is in effect Wednesday for the second day for New York City and parts of the northern suburbs.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Officials across the Philadelphia area are urging you not to drive on the roads during the upcoming blizzard warning.
Despite unanimous opposition from the mayor of Roxbury Township, New Jersey, and its town council, ICE will eventually open a detention center in town.
A police pursuit ended in a fatal crash in Middlesex County, New Jersey.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
Tensions are high in Elizabeth, New Jersey, where some families say the school board is ignoring their concerns about increased ICE activity in the community.
New York City is facing a blizzard warning for the first time since 2017, Hochul said.
Sweetbriar Nature Center has been working around the clock to save starving, freezing and injured animals amid the harsh winter weather.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
Police are investigating whether snowplow practices were properly followed after a crash killed a 50-year-old man on the Long Island Expressway.
With a potential blizzard coming to New York City, Mayor Zohran Mamdani gave an update on how the city is gearing up for the next snowstorm.
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
In New York City, water main breaks are a dime a dozen, especially during this time of year. But on a block in the Glendale section of Queens, it has been a case of Groundhog Day.
Despite unanimous opposition from the mayor of Roxbury Township, New Jersey, and its town council, ICE will eventually open a detention center in town.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
Karl-Anthony Towns scored 25 points, Jalen Brunson had 20 and the Knicks erased an 18-point, fourth-quarter deficit and beat the Rockets 108-106 on Saturday.
Bryce Hopkins had 15 points and 10 rebounds as No. 17 St. John's breezed past Creighton 81-52 on Saturday
Team USA could add more gold medals to its tally, including on Sunday when the U.S. men's hockey team takes on Team Canada.
The Nets went the first 8 1/2 minutes of the second quarter without a field goal during Friday night's 105-86 loss to the Thunder.
Cade Cunningham had 42 points and 13 assists to lead the Detroit Pistons to a 126-111 win over the New York Knicks on Thursday night.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
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.
Up to 2 feet of snow is possible south and east of New York City. Points north and west could see anywhere from 12 to 18 inches. CBS News New York's Vanessa Murdock has your latest forecast,
When nor'easters set up in the waters off New York City, Nassau and Suffolk counties tend to take a beating. CBS News New York's Naomi Ruchim has the story.
CBS News New York's Naomi Ruchim has more on preparations on Long Island and in New York City, and Andrew Ramos has the latest on the situation in New Jersey.
CBS News New York's Vanessa Murdock has a timeline of what to expect from Sunday morning until Monday afternoon.
The National Action Network gathered hundreds Sunday to remember a man we won't soon forget. CBS News New York's Kristie Keleshian reports.
