Part 2: Should conservatives favor child allowances?
Join AEI's Tim Carney as he moderates the panel discussion in which Dr. Rachidi, Mr. Weidinger, and Dr. Winship present arguments against the child allowance while Mr. Carney and Mr. Stone presents arguments in favor in part 2 of the child allowances event.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.Watch the full event here.