Some are say the the allocation was long in coming; that the federal government realize, for the first time, low income parents in this country need help.

“Not only are there great projections for reducing child poverty and promoting racial equity by reducing racial disparities, but monthly payments are essential to counter income volatility, especially for black and Latino families. , who are experiencing the most serious income volatility, ”said Emma Mehrabi. , director of anti-poverty policy at the Children’s Defense Fund.

Mehrabi said black and Latino households tend to have more ups and downs when it comes to income. This regular income will help offset this for monthly budgets and beyond.

“It will also help in the long run to improve children’s health, school performance and employment,” she said.

Janet Quintero, director of community and government affairs for United Way of Southern Nevada, agreed.

“It will help in a huge way,” she said.

Quintero said Centraide strongly supports tax credits to help lift children and their families out of poverty.

“We’re just seeing how it helps expand economic opportunities for families across the country. It has a permanent effect, ”she said.

It can become a cycle for low income families. For example, an auto repair may require a payday or short-term loan, but when that loan cannot be repaid immediately, fees and fines start to add up.

“So freeing up that extra money to do whatever they feel the need to do to take care of their families, we think is huge,” Quintero said.

There are those who oppose the use of taxpayer dollars to help poor families.

But Francine Lipman, a professor at the Boyd School of Law at UNLV, said it pays off.

“The cost of this one-year program is around $ 110 billion, but the savings are hard to monetize because they are so pervasive,” she said. to be able to get a job and get a job, and of course if you have a job and can get a job, what do you do? Do you pay taxes.

Lipman said the injection of money into the economy would be “phenomenal” and lift 50 percent of children currently living in poverty out of poverty.

She said there is compelling evidence that lifting children out of poverty also makes them less likely to engage in criminal activity or other risky behavior.

If a child has a full stomach, he or she is more likely to do well in school. When a child does better in school, they are more likely to avoid delinquency and other harmful behavior. A child who attends school regularly performs better on standardized tests, is more likely to graduate from high school, and more likely to go to college.

“It’s a lifelong learning,” Lipman said, “It makes the child, especially in the zero to five years of age when their body and brain are developing, pay rich dividends. for the rest of his life. “

This type of family allowance has long been an objective of defenders of the fight against poverty. The next step would be to make it a permanent fixture.

“Kids are 100% of our future,” Lipman said, “If they’re not great in Nevada, our state isn’t great.”

Source link


The U.S. Federal Reserve's Take on Greening the Economy: It's Not Our Job


Payday Loans For Bad Credit

Check Also