
Click the link below the picture
.
Democrats this week announced new legislation that would slash child poverty by paying low-income parents the kind of monthly allowance that is standard in other developed countries.
But the lawmakers who introduced the bill, called the American Family Act, didn’t use the terms “child benefit” or “child allowance” at their Capitol Hill press conference Wednesday. Instead, they all called it a tax credit or a tax cut.
“This is not a massive new federal program,” Sen. Michael Bennet (D-Colo.) said. “It cuts child poverty by 40 percent, but it does it as a tax credit.”
The bill would give low-income parents of young children $300 per month in cash. Other countries have enacted similar policies, based on the recognition that having children simultaneously costs parents a lot of money and makes it more difficult for them to work. And most other developed countries have less child poverty.
.
Sweeping New Child Benefit
.
.
Click the link below for article:
.
__________________________________________
Leave a comment