Some families could get more than $14,000 in new Covid relief. It’s looking more and more like universal basic income
Hinterhaus ProductionsAs Congress works to finalize its latest coronavirus relief bill, some American families are poised to receive a financial windfall.Between new $ 1,400 stimulus checks and an enhanced child tax credit, that could add up to more than $ 14,000 for some families."All of the focus has been on the $ 1,400 when, in reality, for a family of four, they should be focused on the $ 14,000," said Ed Mills, Washington policy analyst at Raymond James. Mills wrote about the potential income boost this week.The new stimulus checks would provide $ 1,400 per person, including child and adult dependents.More from Personal Finance:Lawmakers question whether new child tax credit is too much or too little Still no stimulus check? What that means for your tax return this year Small bus...