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February 7, 2024

Child Tax Credit Bill Would Increase Marriage Penalties for Working Single Mothers

H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, was passed by the House last week and is now moving to the Senate for consideration. The bill would change the Child Tax Credit (CTC) in several ways. The two most contentious changes are a one-year lookback for the refundable portion of…

February 6, 2024

Research by a Top Biden Administration Economist Reinforces the Importance of Work Incentives in the Child Tax Credit and the Safety Net

For the past two years, economist Jacob Bastian has been the main researcher dedicated to trumpeting the virtues of a child tax credit (CTC) expansion. Writing first as an economist from academic perches at Rutgers and Princeton, later as an affiliate of moderate think tanks like the Niskanen Center and the R Street Institute, and…

January 29, 2024

Let’s Not Turn the Child Tax Credit Into Welfare

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…

January 26, 2024

Please Congress: Make Fiscal Sanity a Priority

Sometimes I don’t understand Republicans in the House of Representatives. When they are threatening government shutdowns, they make a great show of saying their highest priority is getting a handle on out-of-control federal spending, reducing the deficit, and bringing down our national debt. And yet, when an obvious opportunity falls in their lap to reduce…

January 24, 2024

It’s National School Choice Week. Democrats: What Do You Think?

This week is National School Choice Week, which makes it a good time to ponder the state of the school choice coalition. During the Clinton–Bush school reform era, broad swaths of the public—both Republicans and Democrats—supported charter schools and different forms of public school choice. However, private school choice has long been a primarily Republican…

January 22, 2024

SNAP to it, Congress — we need to address the obesity crisis now

The United States has witnessed historic and escalating rates of obesity among adults in recent decades. As of 2020, official government statistics indicate that obesity inflicts 42 percent of Americans, including one in five children.   Obesity disproportionately affects low-income populations, who often rely on federal programs for assistance. Congress can combat the obesity epidemic by reforming federal programs,…

January 21, 2024

Portland’s Encampment Kids

I’m standing outside the Central Police Precinct in downtown Portland, Oregon. Officer Eli Arnold and I have bicycled over to meet two of his colleagues, returned from a drug bust. We examine the proceeds of the crime on the hood of a squad car. The officers weigh the fentanyl powder on a small scale, record…

January 19, 2024

The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement

Abstract Senior House and Senate tax committee leaders agreed to a framework for modifying the Child Tax Credit on January 16, 2024. The most consequential reform would eliminate the Child Tax Credit’s annual income requirement by allowing individuals to calculate their eligibility using their current or prior year’s income, whichever year maximizes the family’s benefit….

January 17, 2024

Congress, Don’t Legislate a Takeover of the Nation’s Rental Housing Market

It is an election year and Congress will soon consider two bipartisan bills to address high rental costs for many renters. The first is the Workforce Housing Tax Credit (WFHTC) and the second would be an expansion of the existing Low-Income Housing Tax Credit (LIHTC).  The WFHTC would extend eligibility for subsidized units tenants earning below the area median….