Advance Child Tax Credit payments issued by the IRS reached around 35 million families in the U.S. on Thursday.
The other 3% of people receiving the tax credit are grandparents or have health issues, disputing claims the credit will become an "anti-work welfare check".
During his presidential campaign, Biden proposed a tax credit of up to $15,000 to help American families buy their first homes.
The IRS advises those who expect their total tax owed will be higher than their tax refund next year may want to opt out of advance Child Tax Credit payments.
Eligible employers can claim up to $17,110 for 14 weeks of paid leave "for each impacted employee" who takes time off to get vaccinated or for other COVID-19-related reasons.
Under President Biden's proposal, families with youngsters under 6 years of age will enjoy up to $3,600 in child tax credit, raised from $2,000 yearly.
Trump wants to cut the corporate tax rate from 35 to 15 percent. This is truly dumb.
Speaker Paul Ryan tries to address the membership's concerns with vows to provide more tax credits for the elderly and add a work requirement for Medicaid recipients.
Taxpayers will pay twice, with subsidies for developers, then tolls.
A $6,000 tax credit would cover expenses for those who leave careers to care for elderly or sick relatives.