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Trending FOX BUSINESS News: The child allowance welfare trap


The child allowance welfare trap


Democrats are deciding what to keep or cut in their $5 trillion spending bill, and here is one proposal that Sen. Joe Manchin ought to excise: Converting the child tax credit into a universal basic income, which will discourage the work and advancement essential to escape poverty. New research this week suggests that the bill could drive more than one million workers from the labor force.

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