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The Child Tax Credit: One Small Step Toward Universal Basic Income?
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David Remnick talks with Senator Michael Bennet, of Colorado, who campaigned for the Presidency in 2020 advocating for the child tax credit, which is now a centerpiece of the Democratic agenda. Bennet describes why direct cash payments make such a big difference. Our economics correspondent Sheelah Kolhatkar describes the policy as a scale model of universal basic income. She moderates a conversation between two academics on different sides of the issue: Michael Strain, a senior fellow and the director of economic-policy studies at the American Enterprise Institute, and Amy Castro, an assistant professor at the University of Pennsylvania. Plus, Radio Hour listeners go toe to toe in a round…