A small guaranteed income is included in the new stimulus package approved by Congress on Wednesday afternoon. Starting around July, households earning $150,000 or less annually will receive monthly payments ranging from $250 to $300 per child, part of the larger $1.9 trillion package in response to the coronavirus pandemic. These are a kind of advance on an existing but expanded child tax credit. What that will look like for those families, however, is a direct deposit or check, not a new program they will then need to apply or ask for. The payment per child may seem small, but in total, the impact is estimated to be a 40 percent reduction of child poverty nationally, cutting child poverty
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