Join Scott Winship, Director of Poverty Studies at AEI in conversation with AEI's President, Robert Doar, and AEI visiting scholar, Brad Wilcox in part one of an event on child allowances.
President Joe Biden and congressional Democrats are pushing to transform the child tax credit into a nearly universal, unconditional per-child benefit. Sen. Mitt Romney (R-UT) recently announced his own version of a child allowance to mixed reviews on the political right.
A child allowance would help families raise children and balance work and caregiving while promoting fertility and reducing abortion. However, libertarians object to the government subsidizing parenting, deficit hawks blanch at the cost, and advocates of limited government warn that a child allowance is the first step toward a universal basic income. It also threatens to increase the number of families without a working parent and the number of children raised by a single parent. This event will explore the arguments for and against child allowances.
Join us again next week for part 2!
Watch the full event here.