NRPLUS MEMBER ARTICLE
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ews reports indicate that the Biden administration wants to dramatically expand the welfare state, starting with an increase in the refundable “child tax credit,” a program that provides extensive welfare cash grants to families who owe no taxes.
If enacted permanently, the Biden plan would constitute the second-largest expansion of means-tested welfare entitlements in U.S. history. In constant dollars, its annual cost would dwarf the initial costs of the Medicaid, food stamps, and Aid to Families with Dependent Children programs. Only Obamacare would be more expensive.
Biden would increase the refundable credit from $2,000 per child under 17 to $3,000 per child age six to 17, and $3,600 …