Stimulus Update: Some Americans Could See More Stimulus Money in 2022

The American Rescue Plan Act was a comprehensive coronavirus relief bill signed into law by President Joe Biden in March of this year. It authorized $1,400 stimulus checks for adults and dependents as well as additional payments for parents that would continue throughout 2021. One of the Biden administration's most important accomplishments in the American Rescue Plan Act was the expansion of an existing tax credit that's available to parents.