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Minor Deity |
https://www.washingtonpost.com...fit-democrats-biden/ “Under the proposal, the Internal Revenue Service would provide $3,600 over the course of the year per child under the age of 6, as well as $3,000 per child of ages 6 to 17. The size of the benefit would diminish for Americans earning more than $75,000 per year, as well as for couples jointly earning more than $150,000 per year. The payments would be sent monthly beginning in July, a delay intended to give the IRS time to prepare for the massive new initiative.” https://www.washingtonpost.com...ld-benefit-stimulus/ Mitt Romney proposes even larger amounts. “Romney’s proposal would provide $4,200 per year for every child up to the age of 6, as well as $3,000 per year for every child age 6 to 17.”
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Has Achieved Nirvana |
Here are the non-paywall versions: https://www.msn.com/en-us/news...ns-steam/ar-BB1dtdSs https://www.msn.com/en-us/news...s-effort/ar-BB1dop2m
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"I've got morons on my team." Mitt Romney Minor Deity |
Shouldn't we couple this initiative with much better funding for family planning so that a greater fraction of those children are wanted? | |||
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Minor Deity |
I am quite supportive of funding/improving sex ed., funding family planning services, increasing access to and lowering the cost for artificial contraceptives, etc. But not sure how that fits in a pandemic economic relief bill. Romney’s two-page brochure for his proposed “Family Security Act”: https://www.romney.senate.gov/...0act_one%20pager.pdf Ross Douthat argues for Romney’s plan: https://www.nytimes.com/2021/0...ney-family-plan.html
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czarina Has Achieved Nirvana |
I'm not getting why this is appropriate. Lots of different demographics have needs, not just families with young children. Plus a couple making over 100k a year does not need this. What am I missing?
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Minor Deity |
Almost every one has needs. These proposals prioritize “young children” over adults. As part of the COVID-19 relief plan, most adults will still get their $1400 per head anyway. Beyond that, cash for every one (including adults) can go with another bill/program, e.g., “universal basic income” championed by Andrew Young. That can be debated after the pandemic is under control.
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(self-titled) semi-posting lurker Minor Deity |
Also, isn't part of the prioritization of families with children based on the idea that those with children, esp. young children, are having a much harder time during pandemic restrictions? For example, because of the difficulty of trying to do child care at home *and* work from home?
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"I've got morons on my team." Mitt Romney Minor Deity |
I thought the child support program was meant to be permanent, not a temporary COVID stopgap. If so, it can't be bundled into reconciliation. I think we DO need more generous tax support for families with children as an anti-poverty measure. The fraction of children living in poverty is astonishing and this is an administratively easy way to pull millions of children above the poverty line. | |||
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(self-titled) semi-posting lurker Minor Deity |
If so, all the better!
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Has Achieved Nirvana |
More mouths to feed is my take. Off to Google to read the latest stimulus news. BTW, take a look at what Europe has done with these kinds of programs. You'll be surprised (or not). | |||
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Minor Deity |
More details ... https://www.cnbc.com/2021/02/0...in-covid-relief.html The estimated cost to giving $3000 per child is $120 Billion per year (much lower than what I previously estimated), and if that is made “permanent,” is expected to lift 4.1 million children out of poverty.
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Has Achieved Nirvana |
Me too. It's because it includes the already existing 2k child tax credit. This adds 1k, and makes it refundable and 'advanceable'.
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