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.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
Brooklyn College announced Monday it will indeed have graduating seniors walk across the stage during their May 28 commencement ceremony at the Barclays Center.
An 8-year-old boy is recovering after being attacked by a beaver, Mahwah Police said. It happened at around 6 p.m. Sunday at Lake Henry in Continental Solders Park.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
The Met Gala, celebrating the exhibition "Costume Art," is Monday, May 5, with red carpet arrivals expected to start around 5:30 p.m.
Brooklyn College announced Monday it will indeed have graduating seniors walk across the stage during their May 28 commencement ceremony at the Barclays Center.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
The Met Gala, celebrating the exhibition "Costume Art," is Monday, May 5, with red carpet arrivals expected to start around 5:30 p.m.
John Sterling, the longtime play-by-play announcer of the New York Yankees, died at the age of 87, according to sports radio WFAN.
A single ride on the PATH train will now cost $3.25, an increase of 25 cents to help fund a multi-million dollar system upgrade.
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
An 8-year-old boy is recovering after being attacked by a beaver, Mahwah Police said. It happened at around 6 p.m. Sunday at Lake Henry in Continental Solders Park.
A single ride on the PATH train will now cost $3.25, an increase of 25 cents to help fund a multi-million dollar system upgrade.
A massive fire burned for hours in Belleville, New Jersey on Sunday. The blaze prompted a state of emergency, knocked out power and shut down schools Monday.
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
Police identified the suspect in the deadly stabbing of two women on Long Island, saying he lived with one of them and worked with the other.
A suspect is in custody after two people were stabbed to death on Long Island early Friday morning, Nassau County police said.
Suffolk County officials say contamination from a former Grumman Navy site is far worse than previously acknowledged and is still spreading.
The Suffolk County Police Department has converted a seized 2020 Corvette Stingray Coupe into a full-fledged police car, with lights and siren, to raise awareness about driving while under the influence.
Residents said anti-Muslim vandalism was found on at least eight stop signs in the area of Carto Circle in Deer Park.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Several people were arrested Saturday night when a large crowd gathered outside a Brooklyn hospital after ICE agents detained a man, according to the NYPD.
Thousands rallied on International Workers' Day across the five boroughs, including on Wall Street, where hundreds blocked the New York Stock Exchange.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
The Trump Administration is once again taking aim at New York City's congestion pricing program.
Keyport residents say they're on edge because of dozens of cancer cases over the years in a neighborhood near the former Aeromarine landfill.
The B.R.O. Experience Foundation uses cognitive behavioral therapy, mentorship and creative expression to support men of color navigating identity.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
The 2026 Met Gala's theme, "Costume Art," aims to make the connection between fashion and art.
"The Ed Sullivan Show" on CBS brought the evolution of rock music into America's living rooms. More than 50 years after Sullivan died, he's getting the ultimate rock 'n' roll honor.
Megan Thee Stallion has decided to end her run with "Moulin Rouge! The Musical" early, the Broadway show announced on Monday.
With support from NFL teams in Philadelphia and New York, New Jersey has approved flag football for high school girls.
Louis Munteanu scored two goals, and Sean Johnson had four saves as D.C. United beat New York City FC 2-0 on Sunday in the first meeting between the clubs this season.
Mark Vientos hit two home runs and right-hander Clay Holmes allowed one run in 6 2/3 innings as the New York Mets beat the Los Angeles Angels 5-1 on Sunday.
Jasson Domínguez hit a two-run homer and an RBI single in a seven-run eighth inning and the Yankees routed the Orioles 11-3 on Sunday for their 13th win 15 games.
The Philadelphia 76ers are limiting who can buy tickets to Eastern Conference semifinal games at Xfinity Mobile Arena to "residents of Greater Philadelphia area."
In New York City, where land is at a premium, a stockpile of pristine soil unearthed at construction sites helps lower emissions and support urban farmers.
Have you ever wondered what happens to a restaurant's leftover or unsold food at the end of the day? Food access advocates say it could make a big difference if it were served to the community.
A new report finds a shortage of courts, fields and swimming pools in some New York City neighborhoods.
Residents living near New York City's busiest airports say the noise overhead has escalated from a nuisance to a health concern.
Construction began Tuesday on a major redesign of Flatbush Avenue in Brooklyn.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Monday and Tuesday are the picks of the week with sunny skies and warm temperatures before rain moves in. CBS News New York Meteorologist Tony Sadiku has the forecast.
Three people died and more than a dozen were hurt after a large fire broke out early Monday morning at an apartment building in Inwood in Upper Manhattan. CBS News New York's Jennifer Bisram reports.
Firefighters responded to Broadway's Eugene O'Neill Theater Monday morning after a blaze broke out. CBS News New York's Dave Carlin reports.
The 2026 Met Gala will bring A-list stars to New York City as they try to outdo each other with their dazzling outfits centered around the "Costume Art" theme. CBS News' Adriana Diaz reports.
A spokesperson for Rudy Giuliani said the former New York City mayor is being monitored as a precaution while he recovers from pneumonia.