Michelmore quoted in MarketWatch article on the American Rescue Plan
March 8, 2021
Alongside $1,400 stimulus checks and more unemployment benefits, the $1.9 trillion financial stimulus package passed Saturday in the Senate broadens the Child Tax Credit’s eligibility and makes the credit’s payouts more generous. Undoing the earned income threshold is a particular benefit to Black and Latino children who disproportionately live in households falling underneath the earned income threshold, says Katherine Michelmore, assistant professor of public administration and international affairs. "What this reform is doing is it’s completely taking earning out of the equation," she says. Michelmore was quoted in the MarketWatch article, "‘One of the largest anti-poverty bills in recent history’ — what the $1.9 trillion COVID bill means for families with kids."
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