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- Title
Should Congress Make the Expanded Child Tax Credit Permanent?
- Authors
WINSHIP, SCOTT; YGLESIAS, MATTHEW
- Abstract
The American Rescue Plan Act enacted in March 2021 expanded the child tax credit to as much as $3,600 a year for children under six and made it fully refundable and perhaps payable in advance. At least some are hailing the credit as something close to a school voucher, saying the money could help pay for parochial school. It would also lift millions of children out of poverty. Should this one-year provision be made permanent law as is? Or are there alternative uses of this federal money or modifications to the policy that would bring better outcomes for children, with a lower risk of unintended consequences? Matthew Yglesias, a journalist who writes about economics and politics, and Scott Winship, director of poverty studies at the American Enterprise Institute, weigh in on these questions.
- Subjects
AMERICAN Enterprise Institute for Public Policy Research; CHILD tax credits; AMERICAN Rescue Plan Act of 2021 (U.S.); POOR children; EDUCATIONAL vouchers; CHURCH schools
- Publication
Education Next, 2021, Vol 21, Issue 4, p66
- ISSN
1539-9664
- Publication type
Article