Skip to content

Analysts predict that President Biden’s American Families Plan would add 21 million Americans to federal benefit programs. Writing for The Wall Street Journal, Hoover Institution fellows John F. Cogan and Daniel Heil unpacked their recent analysis, which discovered that the Biden administration’s $1.8 trillion omnibus bill would drastically expand the welfare state. The federal government’s system of entitlements is the largest money-shuffling machine in human history, and President Biden intends to make it a lot bigger… For the first time in U.S. history — except possibly for the pandemic years 2020 and 2021, for which we don’t yet have data — more than half of working-age households would be on the entitlement rolls if the plan were enacted in its current form. The academics note that families earning six figures would be eligible for generous handouts. Indeed, “most” of President Biden’s spending would benefit middle-income and upper-income households. Two-parent households with two preschool-age children and incomes up to $130,000 would qualify for federal cash assistance for daycare. Single parents with two preschoolers and incomes up to $113,000 would qualify.

Notifications - Subscriptions
Notify of
6 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

6
0
Would love your thoughts, please comment.x
()
x