'Bidenomics’ has helped low-income Americans. But in poor cities like Philadelphia, it’s still a tough sell.
July 25, 2023
Center Director Mariana Chilton was quoted in an article about President Biden's economic plan to help low-income Americans. Some efforts have made an impact, but some people are still looking for more from the Biden administration.
Chilton said the start and then stop of expanded child tax credits felt like economic whiplash for low-income families. Efforts are underway in Congress, with pressure from the White House, to extend the benefit.
“If his administrations does not reinstate the child tax credit, one of the most profound investments in the American people in a long time, and one that started to help us begin get on par with most developed nations, then Bidenomics is an empty promise.”
Improved federal policies have greatly reduced poverty since the 1970s, but gaps in those programs remain, and the country still has a much higher share of children living in poverty than other similarly wealthy nations.
“Without investments in paid family sick leave, universal pre-K, and child tax credits, I don’t see much of a future for the country,” Chilton said. “Rather, I see a lot more suffering ahead.”