Joe Biden

Democrats' $3.5T budget plan includes major Medicare expansion

Medicare, the health insurance program for older Americans, would cover dental, vision and hearing under a massive $3.5 trillion budget blueprint reached by Democrats this week that would vastly expand the government-funded social safety net.

Money in the bank: Child tax credit dollars head to parents

Democrats see this as a landmark program along the same lines as Social Security, saying it will lead to better outcomes in adulthood that will help economic growth. But many Republicans warn that the payments will discourage parents from working and ultimately feed into long-term poverty.

How the expanded child tax credit payments work

The Biden administration is beginning to distribute expanded child tax credit payments, giving parents on average $423 this month, with payments continuing through the end of the year.