End Child Poverty Act
Summary
The "End Child Poverty Act" aims to establish a universal child assistance program, providing monthly payments to qualifying children. It creates an Office of Universal Child Assistance within the Social Security Administration to administer the program. The bill also terminates the Child Tax Credit and Earned Income Tax Credit, replacing them with new tax credits for adult dependents and families.
Expected Effects
This act would likely reduce child poverty through direct financial assistance. It would also shift existing tax credit structures to provide broader support for adults and families. The new credits are designed to offset the elimination of the Child Tax Credit and Earned Income Tax Credit.
Potential Benefits
- Direct monthly payments to qualifying children, potentially reducing child poverty.
- Establishment of an office dedicated to administering child assistance.
- Data sharing between the IRS and Social Security Administration to identify eligible children.
- New refundable tax credit for adult dependents.
- New refundable tax credit for adults and families.
Most Benefited Areas:
Potential Disadvantages
- Termination of the existing Child Tax Credit and Earned Income Tax Credit, which may negatively impact some families.
- Potential for increased government spending and administrative overhead.
- Complexity in transitioning to the new tax credit system.
- Potential for fraud and abuse in the child assistance program.
- Possible unintended consequences from altering established tax credit structures.
Most Disadvantaged Areas:
Constitutional Alignment
The bill's provisions for establishing a universal child assistance program and modifying tax credits fall under Congress's power to tax and spend for the general welfare, as outlined in Article I, Section 8 of the Constitution. The creation of an office within the Social Security Administration is an exercise of Congress's authority to create agencies to carry out its legislative mandates. The data sharing provisions with the IRS must comply with privacy protections, aligning with the Fourth Amendment.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).