KEY POINTS
  • Monthly child tax credit checks for up to $300 per child expired last December.
  • Now, a new Republican plan calls for sending parents monthly sums once again.
  • But some families may actually end up worse off, according to an analysis of the plan.
Children draw on top of a Treasury check prop during a rally in front of the U.S. Capitol on Dec. 13, 2021.

Millions of families came to count on pandemic-era monthly child tax credit checks of up to $300 per child, a program that expired last December.

Now, a new Republican Senate proposal aims to restart the monthly payments to parents — with fresh requirements, however.