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May 28, 2025
House Republicans narrowly passed their version of President Trump’s “big, beautiful bill” last week, and the legislation contains major changes to SNAP, including expanded work requirements, reduced federal and state exemptions and shifting more of the costs to states. Changes are likely as the Senate takes up the bill, and Kevin Corinth, senior fellow and deputy…
May 14, 2025
Abstract Congress is considering ways to reduce spending on the Supplemental Nutrition Assistance Program (SNAP) by $230 billion over 10 years. Reforms will likely include one or more of the following cost-saving elements: reducing the maximum SNAP benefit, reducing deductions, expanding work requirements, and ending broad-based categorical eligibility. I analyze each of these reforms, focusing on the…
March 18, 2025
Ever since President Lyndon B. Johnson declared a “war on poverty” in 1964, the US Safety Net has been remarkably effective in reducing the number of Americans living in poverty; but measuring the magnitude of that success is not so straight forward. AEI’s Kevin Corinth explains that defining poverty is largely a decision of society,…
September 10, 2024
Event Summary On September 10, AEI’s Center on Opportunity and Social Mobility gathered leading experts to analyze the new poverty and economic numbers from the US Census Bureau for 2023. AEI’s Kevin Corinth began by summarizing the data’s main findings. Median household income rose, and the official poverty measure (OPM) showed that poverty declined while…
August 30, 2024
Vice President Kamala Harris recently announced an economic plan for her presidential campaign. A centerpiece is the transformation of the Child Tax Credit (CTC) into a child allowance. If it became reality, the policy would discourage parental employment and risk harming the long-run prospects of children. These unintended consequences together with the plan’s cost should…
August 24, 2024
A centerpiece of Vice President Harris’ newly released economic plan is a revamped Child Tax Credit, which would send families $6,000 for each newborn and up to $3,600 for older children, up from the existing $2,000 per child credit. Her proposal follows Vice Presidential candidate J.D. Vance’s recent call to increase the credit to $5,000…
March 28, 2024
Abstract The Tax Relief for American Families and Workers Act of 2024, which the US House of Representatives passed on January 31, 2024, and the Senate is now considering, would make important changes to the child tax credit (CTC) if enacted. The legislation would increase CTC payments for families with lower earnings, apply a one-year…
February 27, 2024
H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, passed the House on January 31, 2024 and now faces an uncertain fate in the Senate. The bill is intended to offer something for both Republicans and Democrats—business tax cuts and an expansion of the Child Tax Credit (CTC). But this bargain—which…
January 29, 2024
The Wyden-Smith proposed tax legislation would make four changes to the Child Tax Credit (CTC). First, it would increase the cap on the refundable portion of the CTC, eventually to the same amount as the maximum non-refundable CTC. Second, it would begin indexing the maximum non-refundable CTC with inflation. Third, it would apply a one-year lookback for…
January 29, 2024
A renewed effort to expand the child tax credit (CTC) is currently making its way through Congress. The proposed policy would increase benefits for low-income families—especially those with multiple children—automatically grow the credit with inflation, and most contentiously, eliminate the work requirement for families who had earnings in the prior year. In debating these changes and even…