Democrats Unveil Universal Child Benefit Aimed at Slashing Poverty
“The End Child Poverty Act would replace the CTC and the child provisions in the EITC with a universal benefit that would provide a monthly $393 payment per child up to age eighteen. There are no income phase-ins or phase-outs, and children will be automatically enrolled at birth. The Social Security Administration would be in charge of distributing the funds.
Estimates provided by the People’s Policy Project have revealed that the End Child Poverty Act could potentially cut child poverty by sixty-four percent and reduce “deep child poverty” by 70 percent.”