White House says double child tax credit payments possible in February

White House press secretary Jen PsakiJen PsakiPelosi sidesteps progressives' March 1 deadline for Build Back Better Biden 'hot mic' with Fox's Doocy fuels speculation Poll points to COVID-19 fatigue problem for Biden MORE on Friday said that the Biden administration is looking into the possibility of making double child tax credit payments in February if the president's social spending package is enacted in January.

"If we get it done in January, we've talked to Treasury officials and others about doing double payments in February as an option," Psaki said during a gaggle with reporters aboard Air Force One. 

Psaki's comments come as monthly child tax credit payments established under President BidenJoe BidenFormer chairman of Wisconsin GOP party signals he will comply with Jan. 6 committee subpoena Romney tests positive for coronavirus Pelosi sidesteps progressives' March 1 deadline for Build Back Better MORE's coronavirus relief law are set to expire at the end of the year. As part of the relief law, tens of millions of families received monthly payments from July to December of up to $300 per child under age 6 and up to $250 per child ages 6 to 17.

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The White House and congressional Democrats want to extend the payments as part of a massive social spending and climate package. However, the bill is not on track to become law before the end of the year due to concerns from Sen. Joe ManchinJoe ManchinPelosi sidesteps progressives' March 1 deadline for Build Back Better On The Money — Fed's inflation tracker at fastest pace since '82 Billionaire GOP donor maxed out to Manchin following his Build Back Better opposition MORE (D-W.Va.). Democratic lawmakers have indicated that they don't have a viable backup plan to extend the monthly payments before they expire. 

Psaki said that Biden wants to see the social spending package advance "early next year." 

"The president wants to see this move forward. It's a priority for him as soon as Congress returns," she said.