STATEMENT: The Family Security Act Demonstrates There Is Bipartisan Urgency in Addressing Child Poverty
Date: February 5, 2021
Contact: Julia Cusick
Washington, D.C. — Yesterday, Sen. Mitt Romney (R-UT) announced the Family Security Act, which would provide a monthly benefit of $350 a month for young children and $250 a month for school-aged children. Crucially, the Family Security Act is not dependent on earnings, meaning that unlike the existing Child Tax Credit families with little or no federal income tax liability, who are often experiencing the worst poverty, would benefit. In a 2015 report, the Center for American Progress proposed making the child tax credit fully refundable, paid monthly, and inclusive of a young child component.