Gauging the Costs of Cuts to the U.S. Social Safety Net

The recent U.S. debt-ceiling negotiations included demands for cutting funding for Medicaid, the Supplemental Nutrition Assistance Program, and the Temporary Assistance for Needy Families Program. How much would cuts to these and other social safety net programs reduce government spending by? And at what cost to its beneficiaries, that comprised about 3 in 10 people, including nearly half of all U.S. children, in 2019? Melissa Kearney joins EconoFact Chats to discuss these and other issues concerning the U.S. social safety net. Melissa is a professor in the Department of Economics at the University of Maryland. She is also the director of the Aspen Economic Strategy Group.