“If these kids did not exist in 2019, you can’t currently apply under the CARES Act for the $500 for your dependents because as far as the IRS is concerned, those kids don’t exist yet,” Duckworth said in an interview. “They don’t exist until you file the paperwork with the IRS in 2021.”
The Illinois Democrat, whose name has been floated as a potential running mate for Vice President Joe Biden, said her proposal doesn’t affect the CARES package’s total cost. It’s just allowing new parents to claim their benefits sooner.
“A lot of families if you’re dual income at least one person is probably out of work more or on reduced salary or on unemployment insurance,” Duckworth said. „People need this money for formula and for diapers and all of that right now. We just want people to be able to access their funds now and not have to wait another 12 months to get it.”
Source: politico.com
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