The Child Tax Credit: One Small Step Toward Universal Basic Income?

The Child Tax Credit: One Small Step Toward Universal Basic Income?

The child tax credit, received by more than thirty-five million families, isn’t entirely new. But the way it’s distributed is almost a revolution in American politics: instead of showing up once a year at tax time, the government also provides money ahead of time, in predictable monthly payments. Wide-scale, direct cash payments are anathema to Reagan-era austerity economics. Is this policy the first sign that that consensus may be coming to an end? David Remnick talks with Senator Michael Bennet, of Colorado, who campaigned for the Presidency on this issue in 2020, and is now fighting to extend the tax credits indefinitely.  For Sheelah Kolhatkar, who covers economics and business, the child tax credit can be seen as a kind of scale model of universal basic income. She moderates a conversation between two academics on different sides of the issue: Michael Strain, a senior fellow and the director of economic-policy studies at the American Enterprise Institute, and Amy Castro, an assistant professor at the University of Pennsylvania. Castro leads the Stockton Experiment, a small-scale U.B.I. project in the California city that, she says, has surprisingly robust results.

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Trump’s and Biden’s Reversals of Fortune

Trump’s and Biden’s Reversals of Fortune

The Senate’s passage of the Inflation Reduction Act this week marks a turning point in the Biden Presidency. After more than a year of negotiations, the Democratic caucus agreed on a sweeping package,...

11 Aug 202236min

Jane Mayer on Ohio’s Lurch to the Right

Jane Mayer on Ohio’s Lurch to the Right

Last month, the story of a 10-year-old rape victim captured national headlines. The young girl was forced to travel out of state because of Ohio’s draconian abortion ban with no exceptions for rape or...

8 Aug 202224min

Can Suing Gun Manufacturers Reduce Gun Violence?

Can Suing Gun Manufacturers Reduce Gun Violence?

Gun manufacturers are the only industry explicitly protected by federal statute from liability lawsuits. Carmakers and cigarette companies can be taken to court if their products or marketing endanger...

4 Aug 202234min

Did the U.S. Miss the Chance to Stop Monkeypox?

Did the U.S. Miss the Chance to Stop Monkeypox?

The World Health Organization has declared the monkeypox outbreak a global health emergency. There have been nearly twenty thousand cases worldwide and nearly thirty-five hundred in the United States,...

28 Juli 202231min

New Mexico Is a “Safe Haven” for Abortion Between Texas and Arizona

New Mexico Is a “Safe Haven” for Abortion Between Texas and Arizona

In New Mexico, Governor Michelle Lujan Grisham has declared the state a “reproductive safe haven” between Arizona to the west, and Texas to the east. Already, she says, New Mexico’s few abortion clini...

27 Juli 202213min

Trump’s Hundred and Eighty-seven Minutes of Inaction on January 6th

Trump’s Hundred and Eighty-seven Minutes of Inaction on January 6th

On Thursday evening, the committee charged with investigating the January 6th attack on the Capitol presented what it has learned so far about President Trump’s behavior on that eventful day. As membe...

22 Juli 202232min

How White Christian Nationalists Seek to Transform America

How White Christian Nationalists Seek to Transform America

The past few weeks have been full of unsettling indicators of the fragile state of our democracy. The January 6th committee has assembled a frightening account of how near the 2020 election came to be...

21 Juli 202229min

The Queer Children’s Books Targeted By the “Don’t Say Gay” Bill

The Queer Children’s Books Targeted By the “Don’t Say Gay” Bill

Florida’s so-called “Don’t Say Gay” bill took effect this month. Signed into law by Governor Ron DeSantis, it limits the discussion of sexual orientation or gender identity in grade school classrooms,...

14 Juli 202233min

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