Thread by @nytimes

The stimulus bill President Biden signed on Thursday includes a larger increase in direct payments to families than any other pandemic relief bill passed yet. By some estimates, the bill could cut child poverty in half this year.

Here's who will benefit. nyti.ms/3eC9cIS

The coming stimulus payments are larger for adults than in the first two rounds — $1,400 per adult, compared with $1,200 per adult in a bill passed in March 2020 and $600 per adult in December.

Here's how the aid will flow to families with no children. nyti.ms/2OmheLo

Families with children will benefit the most. The aid will come via a big increase in stimulus payments per child, and a larger child tax credit that will benefit the lowest-income families in particular. nyti.ms/2OmheLo

More aid will flow to families with more children. For 500,000 poor families with two or more children, the roughly $10,000 in aid will more than double their annual income. nyti.ms/2OmheLo

All told, the bill will provide an average of $6,660 for households with children, according to one nonpartisan analysis. nyti.ms/2OmheLo

Read more about the $1.9 trillion stimulus bill here. nyti.ms/2OmheLo