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Monthly Child Tax Credit Payments Set To Begin July 15

American families will begin receiving the first half of the child tax credit payments on July 15. It expands the existing child tax credit to $3,000 from $2,000 and provides an extra $600 for kids under age 6.

Here & Now鈥榮 Peter O鈥橠owd speaks with , CBS News business analyst and host of 鈥淛ill on Money,鈥 about the start of the expanded child tax credits.

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