Politics

Democrats are blowing a big chance to do child benefits right

President Biden and congressional Democrats, led by Rep. Richard Neal (D-Mass.) are working up the biggest overhaul and expansion of American child benefits in decades. As part of Biden’s COVID-19 relief package, they would substantially increase the Child Tax Credit for the next year (from $2,000 for children under 17 to $3,000 for children under 18, and $3,600 for those under 6), pay out the benefit monthly instead of annually, and change it so poor people with no tax liability still receive the full benefit — though it would still phase out for richer people.

On one level, this is encouraging.

Source:

theweek.com

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