The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy for first-time home buyers; and a child tax credit that would provide $6,000 per child to families for the first year of a baby’s life.
Damn I just missed it but I’d still support it for all the newer parents out there. Its a struggle and that would really help.
It also includes restoration of the child tax credit, just like we had during the pandemic when monthly checks were sent out to all parents and the child poverty rate was cut in half overnight. This is just an even bigger payment for the year they are a newborn.
I’m in the same boat but for the home purchase. I close next week and had to pinch every penny for the better part of 3 years in order to make my cash to close. The proposed 25k would mean I only have to come up with 3k.
Same here for that one too lol but I’m trying to lay ladders down not pull them up.
Absolutely! My FIL always talks about how much we must hate the student loan forgiveness stuff seeing as we’ve paid off loans for the better part of 20 years - and I just don’t get it.
Yeah, pinching pennies and saving like crazy for a house was not fun, but why would I make someone else go through that if they didn’t have to?
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