President George W. Bush, as part of his tax reform package, proposed to double the child credit from $500 to $1,000 and create a new ten percent tax bracket. Together, these provisions would reduce the marginal tax rates paid by low-income families. This paper examines the President's proposal and other proposals circulating in Congress in early May 2001. Five types of analyses are provided: the extent to which benefits for raising children vary at different income levels, the marginal tax rates implicit in various proposals, the effect of the proposals on marriage penalties, their distributional effects, and, finally, the associated revenue cost.