American Rescue Plan

The first monthly payments under the expanded child tax credit were disbursed on Thursday. The White House says relief is on the way to the families of nearly 60 million children.

"For working families with children, this tax cut sends a clear message: Help is here," said President Biden, touting the tax credit that gives American families up to an extra $1,600 per child.

A primer on some of President Biden's big economic initiatives.

Economists expect the additional federal spending, coupled with an improving public health picture, will jumpstart economic growth this year.

The parliamentarian is often called the referee of arcane Senate rules. MacDonough has been thrust into the spotlight for ruling against adding a minimum wage hike to the coronavirus relief package.

Backers of the president's ambitious stimulus plan say it will help struggling families and businesses, but critics say it goes too far.

President-Elect Joe Biden shares details of how his administration hopes to tackle the country's public health crisis. It's an aggressive plan that he needs Congress to fund.