Roughly 39 million household will receive monthly payments of up to $300 for each child in their families

2.27pm BST

There were initial concerns that the IRS would not be able to start sending the monthly child tax credit payments in July because of the demands of tax season and the rest of the coronavirus relief package.

However, IRS Commissioner Charles Rettig said at a Senate hearing last month that his agency was on track to meet the original timeline for distributing payments.

2.17pm BST

According to the treasury department, roughly 39 million American households will start receiving monthly payments from the enhanced child tax credit starting in July.

NEW: The first monthly payment of the expanded and newly-advanceable Child Tax Credit (CTC) from the American Rescue Plan will be made on July 15.
Roughly 39 million households—covering 88% of children in the US—are slated to begin receiving monthly payments automatically.

2.06pm BST

Greetings from Washington, live blog readers.

The White House has announced that the enhanced child tax credit benefits included in the $1.9 trillion coronavirus relief package will start being distributed in July.

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https://www.theguardian.com/us-news/joebiden

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