Sending money to nearly all families every month, regardless of whether the parents work, is a fundamental change in how we support our children. It will affect all Americans and economic activity.
It s important that the positive effect of the investment not be undermined by failing to pay for it with taxes. If it adds to the structural deficit, we will just be shifting from one kind of investment (what is financed through the capital markets) to the investment in CTC. It might still be worth doing, but deficit financing would make it marginal.
Thanks for sharing your thoughts. Your footnote is an important one “ I am adamant that the White House must better explain to the public why these two large packages are important. Play offense and listen to the people. Let’s start with names.” I would like to see the same. It was a big part of discussion in class today.
It s important that the positive effect of the investment not be undermined by failing to pay for it with taxes. If it adds to the structural deficit, we will just be shifting from one kind of investment (what is financed through the capital markets) to the investment in CTC. It might still be worth doing, but deficit financing would make it marginal.
Thanks for sharing your thoughts. Your footnote is an important one “ I am adamant that the White House must better explain to the public why these two large packages are important. Play offense and listen to the people. Let’s start with names.” I would like to see the same. It was a big part of discussion in class today.