Child Benefits: The Smart Investment for America's Future

The United States has one of the highest child poverty rates among wealthy countries and stands out among its peers as the only country that does not offer a child benefit - regular payments from the government to most or all families with children, not conditioned on parental employment. During the temporary expansion of the Child Tax Credit (CTC) in 2021, the CTC functioned as a child benefit, and the child poverty rate fell to the lowest level ever recorded in the United States. Despite ...