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February 24, 2025

What Do You Call an Automatic Stabilizer that Doesn’t Shrink When Conditions Improve? The Biden Food Stamps Blowout

Last month the Wall Street Journal editorial board (“The Great Biden Welfare Blowout”) reviewed the staggering number of welfare recipients in key programs at the close of the Biden administration:  Some 84.6 million individuals are enrolled in Medicaid—about a quarter of the population—roughly the same as when Mr. Biden entered office. About 42.6 million Americans…

February 27, 2024

Options for Improving the Child Tax Credit Provisions in H.R. 7024, the Tax Relief for American Families and Workers Act of 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…

October 17, 2023

Understanding Poverty Measurement

COSM scholars and AEI affiliates include some of the nation’s foremost experts on poverty measurement. On October 17, COSM gathered several of these scholars to provide a primer on opportunity in the United States. Angela Rachidi began by exploring the meaning of poverty, outlining the most fundamental decisions in measuring it and describing how different…

July 2, 2021

Addressing the Shortcomings of the Supplemental Poverty Measure

Key Points Read the PDF. Executive Summary The US Census Bureau publishes the Supplemen­tal Poverty Measure (SPM) each year to provide important information on low-income Americans’ well-being. In early 2021, a National Academies of Sciences, Engineering, and Medicine (NASEM) panel formed to evaluate and recommend improve­ments to the SPM. To inform the NASEM panel and…