Research Report Effects of Recent Fiscal Policies on Children
William G. Gale, Laurence J. Kotlikoff
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Today's children represent the future of the century. This notion that children and future generations should have better living standards than current generations is central to universally shared views of economic progress. This article examines the effects of recent fiscal policies on children and the direct and indirect effects of one set of policies--the tax cuts and the Medicare spending increases that have been proposed and enacted since January 2001--on the long-term economic prospects of today's and tomorrow's youth.
Research Areas Economic mobility and inequality Taxes and budgets
Tags Fiscal policy Individual taxes Federal budget and economy
Policy Centers Income and Benefits Policy Center