Analysis of the Family Security Act 2.0

Source: Niskanen Center
by Joshua McCabe & Robert Orr

“Policymakers are looking for ways to break the stalemate over extending temporary enhancements to the Child Tax Credit (CTC) and Earned Income Tax Credit (EITC) that have now expired. Today, Republican Senators Mitt Romney, Richard Burr, and Steve Daines released a proposal that shows a possible way forward: the Family Security Act 2.0. It’s the latest iteration of a previous Romney proposal aimed at supporting families and simplifying an array of family-related tax benefits. This report provides a preliminary analysis of the reform package.” (06/15/22)