Joe the Centrist? Biden’s Family Assistance Plan is Really Bold.
By Anne Kim
Biden’s proposed monthly child tax credit, however, would eliminate that volatility and have an “income smoothing” effect on a household’s finances, leading to greater financial stability. “Many of the expenses families face are month-to-month, so having a reliable month-to-month source of income will help families stay afloat,” says Ashley Burnside, a policy analyst at the Center for Law and Social Policy (CLASP).
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