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Photo: Drew Angerer/Getty Image

House Majority Forward, a nonprofit group supporting House Democrats, announced on Thursday a $10 million ad campaign to support President Biden's agenda ahead of the 2022 midterms.

State of play: The campaign will release digital and television advertisements in 17 "key districts." Ads focused on the child tax credit will begin running today for two weeks.

What they're saying: "The House Democratic Majority and President Biden are working to pass the most ambitious economic recovery agenda in modern history, and we are announcing this $10 million campaign to help get it done," said Abby Curran Horrell, executive director of House Majority Forward.

Go deeper

Kevin McCarthy raises $43.6 million in first half of 2021

Photo: Win McNamee/Getty Images

House Minority Leader Kevin McCarthy (R-Calif.) raised $43.6 million during the first half of 2021, his campaign announced on Wednesday.

The big picture: McCarthy's announcement comes after the National Republican Congressional Committee said it had raised almost $80 million during the first half of the year, its best-ever first-half haul during an election off-year.

NRCC posts mammoth fundraising haul

House Minority Leader Kevin McCarthy (left) and House Minority Whip Steve Scalise. Photo: Alex Wong/Getty Images

The Republicans' House campaign arm is putting up huge fundraising numbers as the party seeks to win back control of the lower chamber in the midterms.

Driving the news: The National Republican Congressional Committee raised nearly $80 million during the first six months of 2021, its best-ever first-half haul during an election off year, the committee tells Axios.

Child tax credit payments start going out July 15

The Biden administration hopes to drastically reduce childhood poverty rates through the expanded child tax credit. Photo: Sam Aronov/Pacific Press/LightRocket via Getty Images

The expanded monthly tax credit payments announced by the White House in May will begin going out Thursday, according to the Treasury Department.

The big picture: The enhanced child tax credit, which is part of President Biden's $1.9 trillion COVID relief package, will provide eligible families with $300 monthly cash payments per child up to age 5 and $250 for children ages 6–17.