Offspring Rolls

“Obscured by other parts of President Biden’s $1.9 trillion stimulus package, which won Senate approval on Saturday, the child benefit has the makings of a policy revolution. Though framed in technocratic terms as an expansion of an existing tax credit, it is essentially a guaranteed income for families with children, akin to children’s allowances that are common in other rich countries.” There are a lot of things in the stimulus bill. But this could be the aspect that has the longest lasting impact. NYT: In the Stimulus Bill, a Policy Revolution in Aid for Children.

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