Child benefits : a smart investment for America's future /
"In July 2021, for the first time, the United States had a near-universal child benefit, providing monthly payments to almost all families with children. But after December 2021, the payments stopped. Where did this brief experiment with a child benefit in the United States come from? What do w...
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| Format: | eBook |
| Language: | English |
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New York, New York :
Russell Sage Foundation,
[2025]
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| Summary: | "In July 2021, for the first time, the United States had a near-universal child benefit, providing monthly payments to almost all families with children. But after December 2021, the payments stopped. Where did this brief experiment with a child benefit in the United States come from? What do we know about the history of child benefits and how they affect children and families? Should the United States build on its experiment from 2021 and turn its child tax credit into a child benefit? This book answers these questions. The evidence from the United States is crucial but also limited, since the expanded child tax credit was only in effect temporarily and was delivered as a regular monthly payment for only six months. In addition, it was implemented during an unusual time, when the country was still experiencing the aftereffects of the COVID-19 pandemic. These factors make it hard to predict the likely effects of a permanent child benefit in the United States based solely on evidence from the 2021 experiment. The author thus draws on a wealth of evidence from countries that have had many years of experience with child benefits"-- |
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| Physical Description: | 1 online resource (xii, 254 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781610449366 (electronic bk.) 1610449363 |