4min chapter

Odd Lots cover image

Brian Deese on the Legislative Legacy of President Biden's First Two Years

Odd Lots

CHAPTER

Is the Child Tax Credit a Good Idea?

The child tax credit was left to expire. Nothing was ultimately done on things like universal childcare or expanding childcare benefits, etc. Was it the fault of high inflation and the fact that there is not an appetite to increase a sort of sort of, you know, social benefits spending at a time of high inflation that saps political will? I think we need to make it and make it more clearly and avoid the sense in which that type of policy falls into a different category, a different category of social policy or family policy, and therefore is thought of differently.

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