Additional income support for families with children
Measure
Cash transfer
Eligibility
Households earning up to $99,000 in case of single taxpayers, $136,500 in case of taxpayers filing as head of household and $198,000 in case of married couples filing a joint return
Type
Cash (social assistance)
Start / Announced Date
27/03/2020
End Date
15/10/2020
Amount
A one-off payment of $1,200 per eligible individual and $500 per eligible child under age 17, which was reduced if adjusted gross income was greater than $75,000 for individuals, 112,500 for heads of household, and $150,000 for married couples filing a joint (income tax) return
Total Cost
$290 billion
Recipients
Parents
Route to the child
Indirect
Sources
Gentilini, U., Almenfi, M., Orton, I. and Dale, P. (2021) Social protection and jobs responses to COVID-19: a real-time review of country measures ("living paper” version 15). 14 May 2021. Available at: https://openknowledge.worldbank.org/handle/10986/33635
U.S. Department of the Treasury (2020) Economic impact payments. Available at: https://web.archive.org/web/20230109145340/https://home.treasury.gov/policy-issues/coronavirus/assistance-for-american-families-and-workers/economic-impact-payments