A Child Allowance Would Be Very Effective at Poverty Reduction
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Bruenig shows how much child allowances of various amounts would reduce poverty in the US and how a child allowance stacks up against other basic income plans. A modest child allowance of $3,400 per child would cut child poverty in half while also pulling 5.2 million adults out of poverty. It is much more effective on a per-dollar basis than other basic income ideas.